A Survey of Automobiles Parked in Student and Staff Lots

question 51

Multiple Choice

A survey of automobiles parked in student and staff lots at a large university classified the brands by region of origin,as seen in the table. $\begin{array}{|l|cc|}&\text { Driver }\\\hline \text {origin }& \text { Student } & \text { Staff } \\\hline \text { North American } & 102 & 99 \\\text { European } & 30 & 17 \\\text { Asian } & 61 & 51 \\\hline\end{array}$ What percent of all the cars surveyed were foreign (not North American) ?

• A)44.2%
• B)18.9%
• C)13.1%
• D)25.3%
• E)31.1%

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Definitions:

Noncumulative Preferred Stock

This type of preferred stock does not entitle its holders to claims on dividends missed in the past if they were not declared in those years.

Common Stock

A form of corporate equity ownership, a type of security representing an ownership share in a corporation.

Dividends

A portion of a company's earnings distributed to shareholders as a reward for their investment.

Par Common Stock

The face value of common shares issued by a company, which is noted on the share certificate.