A Firm Has $500 Million of Assets That Includes $50

question 16

Multiple Choice

A firm has $500 million of assets that includes $50 million of cash and 10 million shares outstanding.The firm uses $50 million of its cash to pay dividends.If an investor has 1000 shares,how many shares must he sell to create a homemade dividend of $6575?

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

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Definitions:

Working Memory

A brainpower mechanism with a bounded ability, in charge of temporarily preserving data for future manipulation.

Chunking

A memory strategy involving grouping information into larger, manageable units or chunks.

Rehearse

The practice of repeatedly performing or going over material in order to learn or perfect it.

Visual Image

A mental representation or physical likeness of an object, person, scene, or concept perceived or imagined.