An Analyst Constructed the Following Frequency Distribution on the Monthly

question 2

Multiple Choice

An analyst constructed the following frequency distribution on the monthly returns for 50 selected stocks. The number of stocks with returns of less than 10% is ______.

• A) 8
• B) 25
• C) 33
• D) 48

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Definitions:

Annual Depreciation

The allocation of the cost of a tangible asset over its useful life, reflecting the decrease in value due to wear and tear.

Monthly Basis

A timeframe or schedule that involves events or payments occurring once every month.

Prepaid Expense

Expenses paid in advance for goods or services which will be received in the future.

Unearned Revenue

Money received by an entity for a service or product yet to be delivered or performed.