Lester's Diner Just Paid an Annual Dividend of

question 14

Multiple Choice

Lester's Diner just paid an annual dividend of $.24 a share and plans on increasing this amount by 2 percent annually.What is the expected dividend for Year 6?

• A)$.30
• B)$.33
• C)$.24
• D)$.27
• E)$.35

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Definitions:

Strategic Organizational Behavior

focuses on the study and application of knowledge about how individuals and groups act within organizations, to improve organizational effectiveness through strategic planning.

Human Capital

The combined abilities, expertise, and non-physical assets that individuals possess, which can generate economic benefits for themselves, their employers, or their community.

Positive Organizational Behavior

The study and application of positively oriented human resource strengths and psychological capacities that can be measured, developed, and effectively managed for performance improvement in the workplace.

Strengths

Refers to the internal capabilities, resources, and positive attributes of an individual or organization that can be leveraged to achieve goals.