1,Teresas Fashions has a profit margin of 12% and a dividend payout ratio of 36%. What is the plowback ratio?

A.64 percent

B.50 percent

C.7.68 percent

D 12 percent

2. Last year, The Pizza Joint added $6,000 to retained earnings from sales of $90,000. The company had costs of $74,000, dividends of $1000, and interest paid of $2,400. The tax rate was 30 percent. What was the amount of the depreciation expense?

A.$4,800

B.$3,600

C.$3,800

D .$8,100

3. Allen wants to buy a new house that costs $329,000. He plan is to pay 20 percent down in cash and finance the balance over 25 years at 6.25 percent. What will be the monthly mortgage payment?

A$1,809.20

B$2,421.43

C$1,908.16

D$1,736.25

4.A call provision grants the ____ the ___ of repurchasing the bonds prior to maturity at a prespecified price:

A bond issuer; option

B bond holder; obligation

C bond holder; option

D bond issuer; obligation