The Largest and Fastest Growing Ethnic Minority Group in the United

question 142

Multiple Choice

The largest and fastest growing ethnic minority group in the United States is composed of:

• A) African Americans.
• B) Asian Americans.
• C) Native Americans.
• D) Polish Americans.
• E) Hispanics.

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Definitions:

Bonds Payable

Bonds payable are long-term liabilities representing money a company must pay back to bondholders, typically at specified interest rates and dates.

Consolidated Financial Statements

Financial reports that combine the accounting and financial information of a parent company and its subsidiaries into one set of statements.

Retained Earnings

The portion of a company's profits not distributed to shareholders as dividends but retained for reinvestment in the business or to pay off debt.

Convertible

A financial instrument, like a bond or preferred stock, that can be converted into another type of instrument, typically shares of the company's common stock.