Built Rite Corp

question 74

Multiple Choice

Built Rite Corp.is evaluating an extra dividend versus a share repurchase.In either case,$5,500 would be spent.Current earnings are $0.80 per share,and the stock currently sells for $33 per share.There are 250 shares outstanding.Ignore taxes and other imperfections.You own one share of stock in this company.If the company issues the dividend,your total investment will be worth ____ as compared to ____ if the company opts for a share repurchase.

• A)$11; $11
• B)$11; $22
• C)$11; $33
• D)$23; $33
• E)$33; $33

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Definitions:

Performance Appraisal

A regular review and evaluation of an individual's job performance and overall contribution to an organization.

Employee Empowerment

The practice of giving employees the authority, tools, and resources to make decisions and contribute to the company's success.

Organizational Culture

The shared values, beliefs, and practices that shape the social and psychological environment of a business, influencing employee behavior and company operations.

Job Design

The process of organizing tasks, duties, and responsibilities into a productive unit of work to enhance job satisfaction and performance.