BVI Corporation Had Net Income of $1600000 and Paid Dividends

question 96

Multiple Choice

BVI Corporation had net income of $1600000 and paid dividends to common stockholders of $320000 in 2021.The weighted average number of shares outstanding in 2021 was 500000 shares.BVI Corporation's common stock is selling for $50 per share on the NASDAQ.BVI Corporation's payout ratio for 2021 is

• A)$5 per share.
• B)20%.
• C)32%.
• D)5%.

Understand the role of partnership agreements in establishing corporations and other forms of business associations.

Recognize the significance of executive summaries in business plans and their components.

Understand the characteristics and motivations of various types of entrepreneurs.

Grasp the role of creativity, initiative, and strategic risk-taking in entrepreneurship.

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Definitions:

Continuous Savings

The ongoing process of reducing costs or expenses without compromising quality or performance, often through efficiency improvements.

Financial Stability

The condition of having strong financial health and resilience, often characterized by sufficient liquidity, capital, and risk management capabilities.

Developing Close Relationships

The process of building strong, beneficial partnerships based on trust, commitment, and communication, often in a professional or business context.

Communicating Effectively

The ability to convey information and ideas in a clear, concise, and meaningful way to ensure mutual understanding.