BUSN 380 Course Great Wisdom / tutorialrank.com BUSN 380 Course Great Wisdom / tutorialrank.com | Page 48

Question 9. 9. (TCO 5) Matt Dannon just bought the stock of a
company that provides him with the responsibility to approve major
company actions. Which one of the following best characterizes this
responsibility?

Voting rights

Proxy

Equity

Dividends

None of the above

Question 10. 10. (TCO 5) Beverly Frickel purchased 100 shares of
Gleason Systems stock for $32.50 per share. Her commission for this
purchase was $25. She sold the stock 2 years later for $45 per share
and a commission of $40. While she held the stock it paid a dividend
of $1.50 per share. What was Beverly's total dollar return on this
stock?