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

---

Definitions:

Customer Service Department

A division within a company that handles customer inquiries, complaints, and provides support and assistance.

Variable Costs

Money spent that varies depending on the quantity of items made or sold, including the expenses for materials and manpower.

Fixed Costs

Costs that remain constant regardless of the amount of goods produced or sold during a specific timeframe, including rent, wages, and insurance premiums.

Variable Medical Expenses

Costs associated with medical care that vary with the level of services used by a patient.