forecasts that its net income this year will be $3‚500‚000. If the company follows a residual dividend policy‚ what will be its total dividend payment? (a) $205‚000 (b) $500‚000 (c) $950‚000 (d) $2‚550‚000 (e) $3‚050‚000 Instructor Explanation: Answer is: c Text: pp. 570-572 - Residual Dividends‚ Chapter 14 The amount of new investment which must be financed with equity is: $3‚000‚000 x 85% = $2‚550‚000. Since the firm has $3‚500‚000 of net income‚ $950‚000 = $3‚500‚000 - $2‚550‚000 will be left
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Monroe College Student’s name: Macroeconomics Quiz 1 Class & Section: All answers must be typewritten 1. The general concern of economics is with the study of the ( ) a. degree of competition in stock and bond markets in the economy. b. efficient use of limited productive resources to satisfy economic wants. c. issue of equality in the distribution of income and wealth among households. d. budget deficits in the domestic economy and trade deficits in the international
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The following is a sample of the type of exams that I will be giving in class. Try completing this exam in 45 minutes. This should be roughly half the size of your exam. Nick 1) Which of the following pairs is mismatched? a) immunologist – studies ecology of Legionella pneumophila b) virologist -- studies human immunodeficiency virus c) Microbial ecologist -- studies bacteria that degrade oil d) Microbial physiologist – studies fermentation of sourdough bread e) Molecular biologist
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Peter‚ Peter’s Quotations: Ideas for Our Time‚ p.425.) A fallacy is an (as cited in “List of fallacies” from Wikipedia‚ pg. 1) “incorrect argument in logic and rhetoric resulting in a lack of validity‚ or more generally‚ a lack of soundness.” Knowing what defines a fallacy and how to dispute one can provide clarity on valid arguments. There are formal and informal fallacies that commonly used in arguments that are not sound. There are fallacies can be very difficult to detect because the reader has
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GEOG101 Quiz 1 Part 1 of 1 - 80.0/ 100.0 Points Question 1 of 25 0.0/ 4.0 Points A functional region: A. has a transition zone at its center B. is also known as a formal region C. is defined on the basis of some variable‚ such as the area where corn is grown D. is exemplified by a city and its hinterland Answer Key: D Question 2 of 25 0.0/ 4.0 Points Which of the following statements is incorrect? A. A country likely constitutes a formal political region because within
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1 ACCTMIS 4500 AUTUMN 2012 QUIZ 1 – SOLUTIONS (ANSWERS IN BOLD) 30 POINTS Instructions: Circle the letter for the answer you select. True/False and Multiple Choice are 2 points each. Short Answer Questions are 3 points each 1. Auditing services and attestation services are the same. A. True B. False 2. Why do auditors generally use a sampling approach to evidence gathering? A. Auditors are experts and do not need to look at much to know whether the financial statements are
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Children commonly worked from a very young age; most in Britain worked in: Answer a. shipyards. b. textile plants. c. mines. d. domestic service. e. rail yards. Question One explanation for Britain’s lead in the Industrial Revolution was that: Answer a. the majority of its entrepreneurs were from the aristocracy. b. the government subsidized all rural industry. c. the pursuit of wealth was perceived as a worthy goal in life. d. Oxford and Cambridge produced a surplus of engineers. e. Britain
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COMM212 Quiz 1 Review Sheet 50 multiple-choice questions‚ 2 points each. Questions are from the text. Choose the best answer Chapter 1 1. Know and be able to differentiate between all these definitions: argumentation‚ argument‚ advocacy‚ power‚ public discourse‚ pluralistic culture‚ values‚ rule of reason‚ and procedures. Argumentation: the cooperative activity of developing and advancing arguments and of responding to the arguments of others. Argument: a claim advanced with a reason or reasons
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mobility Feedback The correct answer is: systematic inequalities between groups of people that arise as intended or unintended consequences of social processes and relationships Question 2 Correct Mark 1.00 out of 1.00 Not flaggedFlag question Question text Which of the following is an example of an asset? Select one: a. a projected salary increase b. a piece of property Correct c. a person’s human capital d. a person ’s social capital Feedback The correct answer is: a piece of property
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EPGP Quiz 1 Time: 1 hour‚ closed book Answer all questions. Circle the correct answer. 2 points each. 1. The law of demand states that‚ holding all else constant: A. as price falls‚ demand will fall also. B. as price rises‚ demand will also rise. C. price has no effect on quantity demanded. D. as price falls‚ quantity demanded rises. 2. Which of the following would not shift the demand for good A? A. Drop in price of good A. B. Drop in price of good B. C. Consumer income. D. Change
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