Which of the Following Statements Is True

question 124

Multiple Choice

Which of the following statements is true?

• A)The average farm has gone from 500 acres in the 19th century to 100 acres today.
• B)The Freedom to Farm Act of 1996 ended government payments to farmers.
• C)Despite hundreds of billions of dollars on farm price-support payments since World War II,the family farm is vanishing.
• D)About 20 million people live on farms today.

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Definitions:

Book Value Per Share

The equity available to common shareholders divided by the number of outstanding shares, indicating the value of a company's shares based on its financial statements.

Net Income

The total earnings of a company after subtracting all expenses, including taxes and operational costs, from its total revenue.

Dividend Payout Ratio

A financial metric that calculates the percentage of net income distributed to shareholders in the form of dividends.

Total Stockholders' Equity

The total net worth of a company according to its balance sheet, calculated as total assets minus total liabilities.