More Business Trivia
Ledger Cash. Ledger cash is the net cash balance.
Odd Lot. Inactive stocks are generally sold in lots of 10.
Twelve. When the Dow Jones Industrial Average was first published, the index stood at 40.94.
Leverage. The first stock brokers, or "courratiers de change," were in 12th century France.
Sarsaparilla. The world headquarters for Anheuser-Busch is in St. Louis, Missouri.
$0.13. The $.13 rate for a first class letter was set December 31, 1975 and increased to $.18 May 29, 1978.