The Spaceship U

question 61

Multiple Choice

The spaceship U.S.S.Enterprise, traveling through the galaxy, sends out a smaller explorer craft that travels to a nearby planet and signals its findings back.The proper time for the trip to the planet is measured by clocks:

• A)on board the Enterprise
• B)on board the explorer craft
• C)on Earth
• D)at the center of the galaxy
• E)none of the above

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Definitions:

Par Value

The stated or principal value of a stock or bond as declared by the issuer.

Paid-In Capital

The amount of capital "paid in" by investors during common or preferred stock issuances, including the excess over par value.

Preferred Stock

A type of equity security that usually provides a fixed dividend prior to any dividend payments to common stockholders.

Treasury Stock

Shares of a company's own stock that it has repurchased or never issued to the public.