The ownership of a corporation is represented by:
a. shares of stock.
b. the owner's capital account.
c. the revenue account.
d. cash in bank account.

Of the following combinations of financial instruments, which depicts the correct ranking of high to low risk (moving from left to right)? commercial paper; preferred stock; bankers' acceptances state & local government bonds; u.s. treasury bonds; aaa-rated corporate bonds common stock; leases; u.s. treasury notes preferred stock; common stock; u.s. treasury bills