For Those Who Feel Saving ANY Money Is Next to Impossible,if

question 57

Multiple Choice

For those who feel saving ANY money is next to impossible,if you bring lunch to school (at a cost of $1.00/day) just 2 days per week rather than spending $5.00 on average each day eating fast food,how much will you save monthly,assuming 25 class days each month?

• A)$7,280
• B)$120
• C)$35
• D)$40

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Definitions:

Minimum Legal Capital

The least amount of capital that must be maintained by a corporation as required by law, intended to protect creditors.

Stock Subscriptions

Commitments made by investors to purchase shares of stock from a company, often before they are issued.

Treasury Stock

Shares that were once part of the outstanding shares and have been reacquired by the issuing company.

Stockholders' Equity

The portion of a company's assets that belongs to the shareholders after liabilities have been subtracted.