By Using Automatic Reinvestment Plans,dividend and Capital Gains Are Used

question 64

True/False

By using automatic reinvestment plans,dividend and capital gains are used to automatically buy additional shares in the fund.

---

Definitions:

Cash Sales

Transactions in which the buyer pays for a good or service with cash at the time of purchase.

Purchases of Merchandise

Transactions involving the buying of goods for resale, typically used in retail or wholesale businesses.

Acid-Test Ratio

A financial metric that measures a company's immediate liquidity by comparing its most liquid assets to its current liabilities.

Quick Ratio

A liquidity ratio that measures a company's ability to meet short-term obligations with its most liquid assets.