Use the Following Information to Answer the Questions:
Three States

question 7

Multiple Choice

Use the following information to answer the Questions:
Three states have the following populations: $\begin{array}{ll}\underline {\text {State}}&\underline {\text {Population}}\\\mathrm{A} & 10,040 \\\mathrm{~B} & 8000 \\\mathrm{C} & 2050\end{array}$ A house of representatives with 17 members is to be apportioned among these states.
-What is the tentative apportionment for state A using the Hill-Huntington method?

• A) 8
• B) 8.5
• C) 9
• D) 9.5

---

Definitions:

Dividend Growth Rate

The annual growth percentage rate of dividends paid to shareholders by a company.

Expected Dividend

The dividend payment a shareholder anticipates to receive based on the company's current dividend policy or trends.

Stock Price

The present cost at which a company's share is traded in the market.

Earnings Retention

The portion of a company's profits that is not distributed to shareholders as dividends but is kept by the company to reinvest in its core business or to pay debt.