Northern Technology Inc. (NTI) closed the end of 2009 with a balance of $1,500,000 in retained eam ings as shown below. Because of a poor economy, NTI cut its total annual dividends to $30,000, he
which it expects earnings and dividends to increase. For the next eight years, it expects the follow
Castell Divident Policy
results
Net Income
(loss)
(5000)
Dividends
(5000)
Retained
Earnings
(5000)
1,500
Yaar
2009
2010
2011
2012
2013
2014
2015
2016
2017
(500)
(200)
400
350
700
810
950
1.150
30
30
45
45
125
150
225
?
Required:
Calculate the maximum dividend NTI could pay at the end of 2017, assuming dividends are paid once annu-
ally at year-end

Match the terms with the appropriate definition. 1. work done for pay job 2. series of related jobs based on knowledge, training, tasks performed, interests, and experience career 3. buying or selling products and services using the internet mediation 4. wage amount after deductions are withheld net wage 5. a way a person chooses to live his or her life e-commerce 6. the people who are both able and willing to work technology 7. unequal treatment of others based on a bias concerning a person’s characteristics such as race, religion, gender, or age discrimination 8. the act of sharing information lifestyle 9. the use of a third party to make suggestions workforce 10. knowledge and tools used to perform tasks communication