In a Metropolitan Area, One Out of Ten Drivers on the Road

question 35

Multiple Choice

In a metropolitan area, one out of ten drivers on the road on Saturday after midnight is intoxicated. Half of all accidents during this time period involve drunk drivers. Finally, the overall accident rate on Saturday after midnight is 3 accidents per 100 cars on the road. For a drunk driver, the risk of accident is:

• A) .10.
• B).15.
• C) .50.
• D).03
• E) .05

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Definitions:

Cash Dividend

A payment made by a corporation to its shareholders, usually as a distribution of profits.

Date of Record

The specific date set by a corporation on which the shareholders of record are identified and entitled to receive dividends or distributions.

Shareholder's Investment

The total amount of money that shareholders have invested in a company.

Repurchase

A Repurchase is the act of buying back previously sold assets or securities by the company or issuer.