6. stock repurchases. payout corp. has regularly paid a quarterly dividend of $.50 per share on its 20,000 outstanding shares. now suppose that payout announces that instead of paying this dividend, it plans to repurchase $10,000 worth of stock instead. a. what effect will the repurchase have on an investor who currently holds 100 shares and sells 1 of those shares back to the company in the repurchase? b. compare the effects of the repurchase to the effects of the cash dividend that you worked out in problem 5.

2. a box contains 50 slips of paper. forty of the slips are marked $0, 8 of the slips are marked $20, 1 slip is marked $100, and the last one is marked $500. find the expected net winnings of a person who pays $10 to randomly select one slip of paper. interpret.

Which job role belongs in the middle management level? a. president b. chief executive officer c. department manager d. chief operating officer e. vice president

"jake’s roof repair has provided the following data concerning its costs: fixed cost per month cost per repair-hour wages and salaries $ 20,900 $ 15.00 parts and supplies $ 7.70 equipment depreciation $ 2,800 $ 0.35 truck operating expenses $ 5,720 $ 1.60 rent $ 4,690 administrative expenses $ 3,850 $ 0.50 for example, wages and salaries should be $20,900 plus $15.00 per repair-hour. the company expected to work 2,600 repair-hours in may, but actually worked 2,500 repair-hours. the company expects its sales to be $47.00 per repair-hour. required: compute the company’s activity variances for may."