On december 31, 2017, the frisbee company had 250,000 shares of common stock issued and outstanding. on march 31, 2018, the company sold 50,000 additional shares for cash. frisbee's net income for the year ended december 31, 2018, was $700,000. during 2018, frisbee declared and paid $80,000 in cash dividends on its non convertible preferred stock. what is the 2018 basic earnings per share (rounded)

answer; ///i believe that the correct answer is (post conventional)

the answer is: a greater percentage chance of loss

high risk investments had the characteristic of higher percentage of great return accompanied with higher percentage chance of loss.

this type of investments usually only suitable for investors that have enough capital to survive in case one or more of their investments fail. examples of high-risk investments are stocks and currencies.