In the first two-and-a-half years of the iPad's existence, Apple sold ________ million units worldwide

A) 97
B) 45
C) 63
D) 112
E) 91

A

Business

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Five Seasons is a merchandiser of packed foods

The company provides the following information for the year: Sales Revenue $145,000 Cost of Goods Sold 64,000 Operating Expenses 67,000 Net Income 14,000 Number of Units Sold 29,000 How much was the unit cost per item of product sold? (Round your answer to the nearest cent.) A) $4.52 B) $5.00 C) $2.21 D) $100.48

Business

Gamma Corp. is expected to pay the following dividends over the next four years: $7.50, $8.25, $15, and $1.80. Afterward, the company pledges to maintain a constant 4 percent growth rate in dividends, forever. If the required return is 14 percent, what is the current share price?

A. $35.20 B. $31.06 C. $38.18 D. $32.30 E. $34.90

Business