Timothy Calibe Purchased Common Stock in XYZWidgets

question 14

Multiple Choice

Timothy Calibe purchased common stock in XYZWidgets.com. To be a successful investor, he should

• A) Buy more common stock in XYZWidgets.com.
• B) Buy preferred stock in XYZWidgets.com.
• C) Buy bonds in XYZWidgets.com.
• D) Continue to evaluate his investment in XYZWidgets.com after the purchase.
• E) Any of these would reduce his business failure risk.

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Definitions:

Proved Reserves

Quantities of natural resources like oil or gas that geological and engineering information indicates with reasonable certainty to be recoverable under existing economic and operational conditions.

Current Prices

Prices of goods and services measured during the current year or period, not adjusted for inflation.

Technology

The use of scientific expertise to achieve practical goals, particularly within industrial sectors.

Minerals

Naturally occurring, inorganic substances with a definite chemical composition and physical properties, found in the earth’s crust.