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Author Question: Last Tuesday you purchased 100 shares of Jitters Coffee Company, a corporation, for 25.00 per share. ... (Read 80 times)

savannahhooper

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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.


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Anna

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


savannahhooper

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

sarah_brady415

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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