The Percent of the U

question 23

Multiple Choice

The percent of the U.S. population with Internet service can be described by , where x is the number of years past 1995. What interpretation could be given to the y-intercept of this equation? ​

• A) In 1995, 13.13% more of the U.S. population had Internet access than in the previous year.
• B) In 1995, the number of people in the U.S. with Internet access increased at a rate of 13.13% per year.
• C) At present, the number of people in the U.S. with Internet access is increasing at a rate of 13.13% per year.
• D) In 1995, 13.13% of the U.S. population had Internet access.
• E) At present, 13.13% of the U.S. population has Internet access.

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Definitions:

Excess Cash

Refers to the amount of cash held by a company that exceeds the normal operational needs, often indicating a potential for investment, distribution to shareholders, or acquisition.

Dividend

A part of a company's profits distributed to its shareholders, usually four times a year.

Share Repurchase

A process where a company repurchases its own stock from the market, leading to a decrease in the total shares available publicly.

Homemade Dividend

A strategy where investors create their own dividend policy by selling a portion of their holdings in a stock rather than relying on the company's dividend payments.