A Company Has a Retention Ratio of 40%, Net Income

question 17

Multiple Choice

A company has a retention ratio of 40%, net income of $17 million, and 10 million shares outstanding.What would be the dividend per share for this company?

• A)1.10
• B)1.02
• C).95
• D).82

Recognize the importance of proper termination in string copying and manipulation operations.

Comprehend the effects of different printf formatting options.

Understand the concept and legal implications of piercing the corporate veil.

Comprehend the role of incorporators and the process of incorporation.

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Definitions:

ERG Theory

is a motivational theory proposed by Clayton Alderfer that categorizes human needs into three groups: Existence, Relatedness, and Growth, suggesting that more than one need can be motivational at the same time.

Need for Power

A personal drive and motivation to influence, control, or have authority over others.

Personal Power

The influence or authority an individual has over others stemming from personal traits, skills, or relationships, rather than from formal positions of authority.

Decision Making

The cognitive process of selecting a course of action from among multiple alternatives to achieve a desired goal.