You Own 20,000 Shares of Stock in Casi-Knows, Inc

question 31

Multiple Choice

You own 20,000 shares of stock in Casi-knows, Inc. which has just sold one of its large resort hotels for $300 million. Management intends to return the entire revenue from the sale to shareholders by issuing a special dividend. If Casi-knows has 20 million shares outstanding, how large a dividend payment do you expect to receive?

• A) $20,000
• B) $200,000
• C) $300,000
• D) $1,000,000

Recognize the significant representation of small businesses in the service sector.

Understand the rise in entrepreneurship education and the factors contributing to the increase in small business formation.

Describe the marketing concept focusing on consumer needs and organizational structure's impact on business success.

Identify the support structures available for small businesses, including SBA certification and the demographic shifts in business ownership.

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Definitions:

Total Liabilities

Comprises all the obligations a company owes, including loans, accounts payable, mortgages, deferred revenues, bond issues, warranties, and accrued expenses.

Total Equity

The total of all ownership interest in a company, calculated as total assets minus total liabilities.

Debt-Equity Ratio

An indicator of the financial distribution between shareholder equity and debt in asset financing.

Total Debt

The sum of all short-term and long-term liabilities owed by a company, reflecting its overall debt load.