Macro Computers Just Paid Their Annual Regular Cash Dividend of $1.20

question 30

Multiple Choice

Macro Computers just paid their annual regular cash dividend of $1.20 a share,along with a special dividend of $0.30 a share.The company follows a policy of increasing their dividend by 2 per cent annually.Which one of the following is the best estimate of Macro's next annual dividend amount?

• A)$1.50
• B)$1.22
• C)$1.20
• D)$1.53
• E)$1.25

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Definitions:

Strategic Framework

A structured plan outlining how an organization intends to achieve its goals and objectives.

Compensation Strategy

A plan outlining how an organization aims to provide wages, salaries, benefits, and incentives to its employees in alignment with its goals and financial capabilities.

Corporate Strategy

The overall scope and direction of a corporation and the way in which its various business operations work together to achieve particular goals.

Organizational Variables

Factors within a company that influence its operations, culture, and performance, including leadership, management practices, and organizational structure.