The Following Information Was Available for the Year Ended December

question 37

Multiple Choice

The following information was available for the year ended December 31, 2019: $\begin{array}{lr}\text { Net income } & \$ 50,000 \\\text { Average total assets } & 600,000 \\\text { Dividends per share } & 1.40 \\\text { Earnings per share } & 5.00 \\\text { Market price per share at year-end } & 70.00\end{array}$ The dividend payout ratio for 2019 was:

• A)2.0%
• B)8.3%
• C)28.0%
• D)40.0%

Evaluate how changes in supply and demand influence market dynamics in specific markets (e.g., olive oil, natural gas, hazelnuts).

Apply economic principles to assess market outcomes in scenarios of changing supply, demand, and technological innovations.

Understand the short-run and long-run market equilibrium changes due to shifts in market demand and supply in competitive industries.

Identify the factors leading to entry and exit of firms in a competitive market.

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Definitions:

City Field

In databases, a field designated to contain the name of a city, typically used within address or location-related information.

Remove Filter

The action of disabling a filter from a data set, so all records in the set are once again displayed.

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A primary tab in software applications that typically contains the most commonly used functions and tools.

Toggle Filter

A feature that allows users to quickly switch on or off filtering options in data processing applications.