Use the Following to Answer Question

question 92

Multiple Choice

Use the following to answer question:
-(Table: Choice with Uncertainty) Use Table: Choice with Uncertainty.Suppose that the probability that the sitcom does not make it to television is 30%,that it makes it to television but is not the most viewed show in its time slot is 50%,and that it makes it to television and is the most viewed show in its time slot is 20%.Given this information,Norman,as a utility maximizer:

• A)should keep his teaching job.
• B)should quit his teaching job and go to Hollywood.
• C)will be indifferent between leaving and staying because his expected income is the same whether he stays a teacher or moves to Hollywood.
• D)will be indifferent between leaving and staying because his expected total utility is the same whether he stays a teacher or moves to Hollywood.

Understand the accounting treatment for stock dividends.

Recognize the effects of a stock split on ownership equity and par value per share.

Understand the difference between stock dividends and stock splits.

Recognize the accounts used to record dividends and their impact on financial statements.

---

Definitions:

Audience Shock

A reaction from the audience that occurs when they are presented with unexpected, surprising, or shocking information or content.

Direct Approach

A communication method where the main point or important information is presented at the beginning.

Communicating Bad News

The delicate process of delivering unfavorable or disappointing information in a way that minimizes negative impact.

Message Shortness

The practice of making communications brief and to the point, often to improve clarity or efficiency.