A fiscal year is exactly how long?

Business Trivia / January 20, 2024

12 Months. A fiscal year doesn't necessarily have to be a calendar year and can vary between businesses and countries.

How did John Werner Kluge make his billions?

Business Trivia / January 19, 2024

Metromedia. John Werner Kluge ranked 25th on "Forbes" 2006 Rich List calls Palm Beach, FL home and was worth $9.1 billion.

What is a decrease in the total number of shares in a company called?

Business Trivia / January 19, 2024

Reverse Split. A reverse split results in fewer shares but the value of each share is adjusted so maintain its value.

The first household microwave oven went on sale in which year?

Business Trivia / January 18, 2024

1947. The first documented use of the word "microwave" occurred in 1931.

Which Fortune-500 company appointed Marvin Ellison as CEO on July 2, 2018?

Business Trivia / January 18, 2024

Lowe's. Prior to becoming CEO of Lowe's, Ellison served as the CEO for J.C. Penney.

What was the world's first electronic stock market?

Business Trivia / January 17, 2024

NASDAQ. NASDAQ, the first electronic stock market, did not actually connect buyers and sellers, but was more of an electronic bulletin board.