Question 15 The Cookie Shoppe expects sales of $2,100 next year. The profit margin is 4 percent and the firm has a 43 percent dividend payout ratio. What is the projected increase in retained earnings? $84.00 $63.00 $21.00 $47.88 $36.12 THz Question 16 ULTRA FAST HZ GAMING DISPLAY 1 pt Question 16 Which one of the following terms is defined as a conflict of interest between the corporate shareholders and the corporate managers? Articles of incorporation. Corporate breakdown Bylaws. Agency problem Legal liability DHZ ULTRA FAST 1 pts Question 17 Asset Intensive Industries have efficiency ratios: Within an industry, low volume players (like K-mart in early 2001) have efficiency ratios, compared to their competitors. higher, higher lower, lower equal, lower higher, lower lower, higher 2. ULTRA FAST HZ GAMING DISPLAY 1 p Question 18 A business owned by a few individuals who have unlimited liability for its debt is called a: Limited liability company. Sole proprietorship. General partnership Corporation Autor ULTRA FAST HZ GAMING DISPLAY Question 19 1 pts You have just received notification that you have won the $1.25 million first prize in the Centennial Lottery. However, the prize will be awarded on your 100th birthday, 76 years from now. The appropriate discount rate is 6.8 percent. What is the present value of your winnings? $5,309.91 $12.500.00 $13,333.33 $8,423.54 $11.288.16 ULTRA FAST HZ GAMING DISPLAY