Business
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What year was Xerox founded?
1948. Xerox employs 5000 scientists and engineers worldwide.
If you live in an apartment and the heat stops, who should you call first?
Landlord. A lease is a legal binding contract between the landlord and the tenant(s).
What part of it's business did Qwest Communications sell off to avoid bankruptcy?
Phone Book Business. Qwest operates in 14 western states.
In 1985, the U.S. government began issuing securities with interest and principal separated known as what?
STRIPS. "STRIPS" stands for Separate Trading of Registered Interest and Principal of Securities.
Securities under surveillance for some reason are said to be on a what?
Watch List. On the watch list are takeover targets, companies planning to issue new securities, or stocks showing unusual activity.
How long is the repurchase agreement term on an overnight repo?
One Day. NYSE Euronext are the world's biggest stock market operators.
What company was the first to earn one billion dollars in one year?
General Motors. William Durant founded GM in 1908.
What is the highest long-term obligation rating given by Moody's Investors Service?
AAA. Moody's ranks commercial credit-worthiness and holds a 40% share in the world credit rating market.
If you enjoy learning and helping others learn, you might want a job as what?
Teacher. All 50 states have demanding requirements of those who wish to be certified as teachers.
What is a decrease in the total number of shares in a company called?
Reverse Split. A reverse split results in fewer shares but the value of each share is adjusted so maintain its value.
A fiscal year is exactly how long?
12 Months. A fiscal year doesn't necessarily have to be a calendar year and can vary between businesses and countries.
What is the slang term for a 15-year Participation Certificate sold by Freddie Mac?
Gnome. "Freddie Mac" is the Federal Home Loan Mortgage Corporation.
"Keeps Going And Going And Going" has been used as an ad slogan by which company?
Energizer Batteries. In 2003, Energizer purchased razor manufacturer Schick, in order to counter rival Duracell's ownership of Gillette.
What trading strategy takes advantage of price differences in currency trading on different exchanges?
Arbitrage. Arbitrage takes advantage of a price disparity between two or more markets in order to profit.
Which Fortune-500 company appointed Marvin Ellison as CEO on July 2, 2018?
Lowe's. Prior to becoming CEO of Lowe's, Ellison served as the CEO for J.C. Penney.
How did John Werner Kluge make his billions?
Metromedia. John Werner Kluge ranked 25th on "Forbes" 2006 Rich List calls Palm Beach, FL home and was worth $9.1 billion.
The first household microwave oven went on sale in which year?
1947. The first documented use of the word "microwave" occurred in 1931.
What was the world's first electronic stock market?
NASDAQ. NASDAQ, the first electronic stock market, did not actually connect buyers and sellers, but was more of an electronic bulletin board.
Which Fortune-500 company saw its CEO Indra Nooyi resign in August 2018?
PepsiCo. While under Nooyi's 12-year tenure, PepsiCo sales grew 80%.
Who is the designer of the L.A.M.B. clothing line?
Gwen Stefani. The name L.A.M.B. stands for "Love. Angel. Music. Baby.", the name of Stefani's first solo album.





