The ________ is responsible for evaluating and recommending proposed asset investments.

Financial Manager

Credit Manager

Pension Fund Manager

Capital Expenditures Manager

Financial service

is concerned with the duties of the financial manager.

involves the design and delivery of advice and financial products.

provides guidelines for the efficient operation of the business.

handles accounting activities related to data processing.

An 8 percent preferred stock with a market price of $110 per share and a $100 par value pays a cash dividend of ________.

$4.00

$8.00

$8.80

$80.00