An organizational approach to systems analysis and design is not driven by methodologies

Which of the following is a false statement about matrix structure?

A. Employees are permanently transferred from a functional area to the project area. B. Employees' jobs may be split several ways. C Matrix structure helps organizations maximize the utilization of their resources. D. Employees may have two superiors.

Coppell Timber Company had total earnings last year of $5,000,000, but expects total earnings to drop to

$4,750,000 this year because of a slump in the housing industry. There are currently 1,000,000 shares of common stock outstanding. The company has $4,000,000 worth of investments to undertake this year. The company finances 40 percent of its investments with debt and 60 percent with equity capital. The company paid $3.00 per share in dividends last year. a. If the company follows a pure residual dividend policy, how large a dividend will each shareholder receive this year? b. If the company maintains a constant dividend payout ratio each year, how large a dividend will each shareholder receive this year? c. If the company follows a constant dollar dividend policy, how large a dividend will each shareholder receive this year?