Author Question: Last Tuesday you purchased 100 shares of Jitters Coffee Company, a corporation, for 25.00 per share. ... (Read 110 times)

savannahhooper · **on:** Jun 29, 2018

Last Tuesday you purchased 100 shares of Jitters Coffee Company, a corporation, for 25.00 per share. Unfortunately, the company went bankrupt later that same day.

If the company still owed 1 million in debts after all assets have been liquidated and there are 1 million stockholders, what would be your personal loss from the remaining debt? A) 0
B) 1.00
C) 100.00
D) 1 million

Question 2

The relationship between two variables, x and y, is a vertical line. Thus x and y are

A) positively correlated.
B) negatively correlated.
C) not related.
D) falsely related.