Alcott's preferred stock pays a dividend of $1.00 per quarter. if the price of the stock is $45.00, what is its nominal (not effective) annual rate of return? select one:
a. 8.03%
b. 8.24%
c. 8.45%
d. 8.67%
e. 8.89%

An office manager is concerned with declining productivity. despite the fact that she regularly monitors her clerical staff four times each day—at 9: 00 am, 11: 00 am, 1: 00 pm, and again at 3: 00 pm—office productivity has declined 30 percent since she assumed the helm one year ago. would you recommend that the office manager invest more time monitoring the productivity of her clerical staff? explain.

Sonic corp. manufactures ski and snowboarding equipment. it has estimated that this year there will be substantial growth in its sales during the winter months. it approaches the bank for credit. what is the purpose of such credit known as? a. expansion b. inventory building c. debt management d. emergency maintenance

If you miss two payments on a credit card what is generally the penalty