________ refers to shares of ownership in a company's assets that give shareholders a claim on the company's future cash flows.

Question

Quizplus · Accepted Answer

Stock refers to shares of ownership in a company's assets. Shareholders hold a claim on the company's future cash flows, and the value of their shares can rise or fall based on various factors such as company performance and market conditions. Bonds, debt, and drafts do not provide ownership in a company's assets or cash flows, but rather represent loans or obligations to repay borrowed funds.

________ Refers to Shares of Ownership in a Company's Assets