AFB, Inc.'s dividend policy is to maintain a constant payout ratio. This year AFB, Inc. paid out a
total of $2 million in dividends. Next year, AFB, Inc.'s sales and earnings per share are expected to
increase. Dividend payments are expected to
A) remain at $2 million.
B) decrease below $2 million.
C) increase above $2 million.
D) increase above $2 million only if the company issues additional shares of common stock.
C
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In a market that would be defined as monopolistic competition, the products are very homogenous
Indicate whether the statement is true or false
The Public Transport Union and the New York Transit Authority are in conflict with each other. When the conflict escalates, the New York City Council decides to intervene and settle the dispute. The Council, after listening to offers from both sides, puts forth a binding settlement, which both parties must accept. In the context of the alternatives to work stoppages, this is an example of
A. arbitration. B. fact finder negotiation. C. grievance leverage. D. checkoff bargain. E. mediation.
What is the best advice for organizing e-mail messages?
A) Place the action information in the first paragraph so that it's not overlooked. B) Consider using headings if the message is more than a few paragraphs. C) Omit a salutation or greeting; these are used only in business letters. D) All of these choices
In order to fertilize his vegetable farm, John, a farmer, needs to choose from two fertilizers: Nitro Plus and Phosphate Max. Each bag of Nitro Plus costs $7 and contains 8 pounds of nitrogen and 6 pounds of phosphate. Each bag of Phosphate Max costs $9 and contains 4 pounds of nitrogen and 8 pounds of phosphate. John’s vegetable farm requires at least 32 pounds of nitrogen and 48 pounds of phosphate. (Assume fractions of a bag are allowed). At the optimal solution, what is the cost of Phosphate Max used by John?
a. $32.85 b. $43.20 c. $37.65 d. $26.45