Question 1. Net income is $55,000, dividends paid are $8,000; what is the dividend pay-out ratio?
Question 2. You own 200 shares of Easy stock that has a current market price of $25/share. What is the value of your holdings after a 15% stock dividend if the stock price per share remains unchanged?
Question 3. If the value of one currency goes down in value relative to that of a second currency, the second currency is.