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3-11.What are obsessions? Compulsions? Give an example of each.
Common Shares
Equity securities that represent ownership in a company, entitling holders to vote at shareholder meetings and receive dividends.
Preferred Shares
A type of stock that provides a fixed dividend before any dividends are paid to common stockholders and often carries no voting rights.
Basic Earnings
The net income divided by the weighted average number of shares outstanding, representing a company's earnings per share without any adjustments.
Common Shares
Equity securities that represent ownership interests in a corporation, providing voting rights and potential dividends to shareholders.
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