Don't forget to write down and keep your work so you can compare your answers to the solutions 2 pts D Question 3 Builtrite's common stock is currently selling for $46 a share and the firm just paid an annual dividend of $1.90 per share. Management believes that dividends and earnings should grow at 9% annually Based on this, and a marginal tax rate of 34%, what is the cost of common stock (also known as the cost of retained earnings)? A. 13.1% B. 8.65% C. 8.91% D. 13.5%

Which of the following is likely not a benefit of requiring a grand jury to listen to and examine all of the evidence against a person suspected of committing a serious crime and then independently deciding whether or not to hand down an indictment? 1.the grand jury system provides the accused another safeguard against being sent to trial and facing conviction based on flawed evidence. 2.the members of the grand jury are drawn from the community and are empowered to render independent decisions about whether or not the government has collected enough evidence to bring an individual to trial. 3.the grand jury’s decision can provide prosecutors insight into what is necessary to build a sufficient case if a similar crime is presented later. 4.the grand jury is impaneled to rubber-stamp prosecutors’ cases, which makes it possible for more cases to reach trial.

Fortress international, a large conglomerate, procures a few component parts from external suppliers and also manufactures some of the key raw materials in its own subsidiaries. aside from this, the company does not solely depend on outside distributors to reach its customers. in fact, it has its own retail stores to distribute its products. in this scenario, which of the following alternatives to vertical integration is fortress international applying? a. concentric integration b. taper integration c. horizontal integration d. conglomerate integration

An economic theory that calls for workers to take control of factories is .