Excel's EXPON.DIST Function Can Be Used to Compute

question 92

Multiple Choice

Excel's EXPON.DIST function can be used to compute

• A)exponents
• B)exponential probabilities
• C)cumulative exponential probabilities
• D)Both exponential probabilities and cumulative exponential probabilities are correct.

---

Definitions:

Stock Dividends

A distribution of a company's earnings to shareholders in the form of additional shares, rather than cash.

Stock Split

A corporate action in which a company divides its existing shares into multiple shares to boost the liquidity of the shares, although the overall value of the company does not change.

Retained Earnings

Retained Earnings represent the cumulative amount of net income earned by a company that is reinvested in the business, not distributed to shareholders as dividends.

Cumulative Preferred Stock

A type of preferred stock where dividends accumulate if not paid in a given period and must be paid out before dividends to common stockholders.