Andrew is buying a dirt bike for $900. He will make $100 payments each month until the bike is paid in full. This is an example of what type of loan?
A. Revolving credit
B. Installment credit
C. Single-payment loan
D. None of the above

c

Explanation:

because hes paying separate amount of times.

B Installment credit

Explanation: An installment credit loan can have a repayment period lasting from months to years until the loan is paid off.

$ 8.6 dividend per share

Explanation:

Data provided:

worth of food division = 20% of the firm's market value

Cost of firm's stock = $ 43 per share

annual dividend = $ 1.20 per share

Number of outstanding shares = 16,000

thus,

the market value of the firm = outstanding shares × Cost of firm's stock

or

the market value of the firm = 16,000 × $ 43 = $ 688,000

Therefore,

the worth of the fast food division = 0.20 × $ 688,000 = $ 137,600

Hence,

the dividend per share is

= (Worth of the fast food division) / (shares outstanding)

or

= $ 137,600 / 16,000 = $ 8.6 dividend per share