Mary Jane Owns 1,000 Shares of TUV Trucking Company

question 11

Multiple Choice

Mary Jane owns 1,000 shares of TUV Trucking Company.TUV pays a quarterly dividend of $.50 per share.What is the total annual dividend that Mary Jane will receive?

• A) $.25.
• B) $1.00.
• C) $500.
• D) $1,000.
• E) $2,000.

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Definitions:

Vesicles

Small holes found in a volcanic rock, representing gas bubbles in a magma that were trapped when the lava solidified.

Welded Tuff

A type of rock formed by the compaction and cementation of volcanic ash and debris, heated enough post-deposition to weld together.

Scoria

A dark gray, black, or reddish volcanic rock that contains abundant vesicles, usually having the composition of basalt or andesite; synonymous with volcanic cinders.

Basalt

A dark, fine-grained volcanic rock formed from the rapid cooling of magnesium- and iron-rich lava, characteristic of oceanic crust.