Penn Exam Number-700142RR Lesson Name Personal Finance
QSuestion 1
1. If a company has 150 shares of common stock and $15,000.00 to be distributed to its
holders, how much would each share receive?
A. $100
B. $50
C. $125
D. $150
$15,000/ 150 = $100.
Question 2
2. What type of stock receives an equal part of the profits on each share to be distributed after
all other obligations of a company have been satisfied?
A. Cumulative preferred
B. Preferred
C. No-par
D. Common
Question 3
3. Car insurance that pays for your injuries when you're in an accident in your car is _______
insurance.
A. medical
B. collision
C. comprehensive
QSuestion 1
1. If a company has 150 shares of common stock and $15,000.00 to be distributed to its
holders, how much would each share receive?
A. $100
B. $50
C. $125
D. $150
$15,000/ 150 = $100.
Question 2
2. What type of stock receives an equal part of the profits on each share to be distributed after
all other obligations of a company have been satisfied?
A. Cumulative preferred
B. Preferred
C. No-par
D. Common
Question 3
3. Car insurance that pays for your injuries when you're in an accident in your car is _______
insurance.
A. medical
B. collision
C. comprehensive
