Use the Information Below to Answer the Following Questions -Refer to the Table Above

question 47

Multiple Choice

Use the information below to answer the following questions.
Scott's Fencing constructs paling fences. During last month, the fencing division erected 4,000 metres of fencing. The costs incurred by the division were as follows: $$\begin{array} { l r } \text { Palings } & \$ 4,000 \\\text { Posts } & \$ 5,000 \\\text { Nails (no usage records) } & \$ 500 \\\text { Cement (no usage records) } & \$ 500 \\\text { Wear and tear on equip. } & \$ 2,000\end{array}$$
-Refer to the table above. The total direct costs incurred in erecting the 4,000 metres of fencing is:

• A)$11,000.
• B)$9,000.
• C)$9,500.
• D)$10,000.

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Definitions:

Dividend Policy

Refers to the strategy a company uses to determine how much it will pay out to shareholders in dividends.

Time Pattern

The distribution or sequence of events, actions, or changes over time, often analyzed in various contexts such as financial planning or project scheduling.

Dividend Payout

The portion of earnings a company distributes to its shareholders in the form of dividends.

Large Dividends

Significant payments made by a corporation to its shareholders, usually derived from the company's profits.