Which of the following statements is correct??
A. ?The optimal dividend policy is the one that satisfies the shareholders because they supply the firm's capital.
B. ?The use of debt financing has no effect on earnings per share (EPS) or stock price.
C. ?The riskiness of projected EPS can impact the firm's value.
D. ?Stock price is dependent on the projected EPS and the use of debt but not on the timing of the earnings stream.
E. ?Dividend policy is one aspect of the firm's financial policy that is determined directly by the shareholders.
Answer: C
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who conducted two major surveys of research on the trait approach?
A. Stogdill B. Judge et al. C. Jung and Sosik D. Zaccaro
In the context of grievance procedures, the principle of just cause originally places the burden of proof on an employer.
Answer the following statement true (T) or false (F)
The chief executive officer earns $20,000 per month. As of June 30, her gross pay was $120,000. The tax rate for Social Security is 6.2% of the first $127,200 earned each calendar year and the FICA tax rate for Medicare is 1.45% of all earnings. The current FUTA tax rate is 0.6%, and the SUTA tax rate is 4.4%. Both unemployment taxes are applied to the first $7,000 of an employee's pay. What is the amount of FICA - Medicare withheld from this employee for the month of July?
A. $290.00 B. $7,347.00 C. $1,147.00 D. $1,240.00 E. $268.25
A & D, Inc wrote a negotiable note payable to Vicy, Inc for the purchase of some satellite receivers. A & D left the amount of the note blank because it was uncertain as to amount of the applicable tax. Vicy completed the note for $3,000 more than A & D actually owed for the receivers it purchased. The note was negotiated to a holder in due course. A & D will not have to honor the note as this
constituted fraud in the execution. Indicate whether the statement is true or false