Al Owns 800 Shares of the Good Life Co

question 87

Multiple Choice

Al owns 800 shares of The Good Life Co.The company recently issued a statement that it will pay a dividend per share of $0.55 this year and a $0.60 per share dividend next year.Al does not want any dividend income this year but does want as much dividend income as possible next year.Al earns 9 percent on his investments.Ignoring taxes,what will Al's total homemade dividend be next year?

• A)$910.20
• B)$920.00
• C)$930.50
• D)$941.80
• E)$959.60

Comprehend the basic mechanisms of trade and barriers to trade.

Understand the circular-flow model of an economy and its components.

Recognize the significance of specialization and trade in improving economic efficiency.

Distinguish between factor markets and product markets within the circular flow of an economy.

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Definitions:

Insulin

A hormone produced by the pancreas that regulates blood glucose levels by facilitating the uptake of glucose into tissues.

Extract Glucose

The process of isolating glucose, a simple sugar and important energy source, from various sources in biochemical applications or physiological processes.

Homeostasis

The self-regulating process by which biological systems tend to maintain stability while adjusting to conditions for optimal survival.

Ambient Temperature

The temperature of the surrounding air or environment at any given place or time.