Use the Following Table to Answer the Following Questions

question 206

Multiple Choice

Use the following table to answer the following questions.
Table 26-2
-Refer to Table 26-2. Which company had the lowest earnings per share?

• A)Boeing Co.
• B)Eli Lilly and Co.
• C)Kraft
• D)Kellogg Co.

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Definitions:

Covered Option

Occurs when a trader writes (sells) an option while having the underlying position to cover the position in the event that the option is exercised.

Naked Option

A risky investment strategy involving the selling of options contracts without owning the underlying asset or having a covering position.

Dividend Policy

A company's strategy or policy in deciding the size and pattern of dividend payments to its shareholders.

Payout Policy

The strategy a company uses to decide how much money it will distribute to shareholders through dividends or stock buybacks.