A Small Toy Company That Only Makes Action Figures Is $\mathrm { D } ( \mathrm { x } ) = \frac { \$ 4.46 \mathrm { x } - \$ 270 } { 3949 }$

question 223

Multiple Choice

A small toy company that only makes action figures is owned by its stockholders. The dividend per share of stock is a function of the number of action figures it sells and is defined by $\mathrm { D } ( \mathrm { x } ) = \frac { \$ 4.46 \mathrm { x } - \$ 270 } { 3949 }$ , where x is the
Number of action figures sold. What is the dividend for each share of stock if 1350 action figures are sold?

• A) $1.59
• B) $1.46
• C) -$268.48
• D) -$1.46

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Definitions:

Partnership Capital

Refers to the total resources contributed by partners to a partnership for the purpose of starting or maintaining the business operations.

Joint Ventures

Business arrangements in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task or project.

Implied Authority

Power that is not explicitly granted but is assumed to be authorized due to the nature of an individual's position or relationship.

Joint Venture

A business arrangement where two or more parties agree to pool their resources for the purpose of accomplishing a specific task.