E-commerce accounts for approximately what percentage of total retail sales?
a. Less than 1 percent
b. 10.2 percent
c. 5 percent
d. 13.4 percent
c
Business
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A company has 6,000,000 shares outstanding, traded most recently at $20/share. It issues 400,000 new shares, and the price drops to $18.75/share. What is the result?
a) Its book value has increased b) Its book value has decreased c) Its market value has increased d) Its market value has decreased
Business
Which of the following is a characteristic of a bond?
A) It is a short-term loan from a commercial bank. B) It refers to capital raised by selling corporate shares. C) It refers to a debt security used to raise capital. D) It is a debt instrument on which dividends are paid.
Business