Sweet Treats common stock is currently priced at $19.06 a share. The company just paid $1.15 per share as its annual dividend. The dividends have been increasing by 2.5 percent annually and are expected to continue doing the same. What is this firm's cost of equity?

A company's organizational structure for sales should

A. Have a wide span of control B. Allow the firm to benefit from specialization of labor C. Include line, but not staff, personnel D. Organize it around people, not activities E. Be either vertical or horizontal, but not both

Expectancy theory claims that motivation is a function of

A) effort, performance, and rewards. B) individual traits and supervisory skills. C) aptitude, training, and opportunity to perform. D) expectancy, instrumentality, and valence.