A Firm Has $400 Million of Assets That Includes $50

question 44

Multiple Choice

A firm has $400 million of assets that includes $50 million of cash and 10 million shares outstanding.The firm uses $40 million of its cash to pay dividends.If an investor has 1000 shares,how many shares must she sell to create a homemade dividend of $4900?

• A)25 shares
• B)30 shares
• C)35 shares
• D)40 shares
• E)45 shares

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Definitions:

Short-Term Memory

The component of the memory system that is responsible for temporarily holding information available for processing.

Long-Term Memory

The phase or type of memory responsible for storing information for extended periods, ranging from minutes to a lifetime, involving diverse information such as facts, experiences, and skills.

Middle Age

A period in adult life roughly between the ages of 40 and 65, characterized by personal, social, and career adjustments and preparations for later life.

Legal Purposes

Activities or actions carried out in accordance with the law or intended to meet legal requirements.