?Dividend payments cannot exceed the balance sheet item "Retained earnings." This is known as the _____.
A. ?stock split rule
B. ?free cash flow rule
C. ?constant payout rule
D. ?impairment of capital rule
E. ?dividend irrelevance rule
Answer: D
You might also like to view...
Answer the following statements true (T) or false (F)
Assessment measures are concerned with particular attributes of objects and are always direct measurements.
Rosemary agrees to trim the four oak trees in front of John's house for $100 . They have reached an agreement on the amount of trimming and what will be done with the cut branches. This is most likely a(n):
a. executory contract governed by the statute of frauds. b. express contract governed by the common law. c. executory governed by the UCC. d. express contract governed by the UCC .
Many firms prefer to distribute directly to the final customer or consumer because they
A. believe they can serve target customers at a lower cost. B. can use the Internet to make direct distribution easier. C. think they can do the work more effectively than intermediaries. D. want to control the whole marketing job. E. All of these are reasons why firms may prefer direct distribution.
What is a business plan? What are its components? What is it used for?
What will be an ideal response?