Presented below are selected data from the financial statements of Provost Corp 2017 2016 Net income $110,000 $123,000 Cash dividends paid on common stock $42,000 $38,000 Market price per share of common stock at the end of the year $16.00 $13.00 Shares of common stock outstanding 140,000 140,000 The dividend payout ratio for 2017 is

a. 1.8%
b. 30.0%
c. 36.3%
d. 38.0%


d

Business

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A major drawback of professional selling is the cost involved.

Answer the following statement true (T) or false (F)

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Team leader Ray should be particularly aware of which of the following suggestions about the use of positive reinforcement?

A) Reward the team or group also. B) Keep the reward the same almost all the time. C) External rewards usually backfire. D) Let the group decide what behavior will lead to a reward.

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A supply chain needs to achieve a balance between the level of availability and the cost of inventory that

A) maximizes supply chain revenues. B) minimizes supply chain costs. C) maximizes supply chain profitability. D) maximizes supply chain availability.

Business