In the real world, dividends
A. are usually more stable than earnings.
B. fluctuate more widely than earnings.
C. tend to be a lower percentage of earnings for mature firms.
D. are usually changed every year to reflect earnings changes, and these changes are randomly higher to lower, depending on whether earnings increased or decreased.
E. are usually set as a fixed percentage of earnings, e.g., at 40% of earnings, so if EPS = $2.00, then DPS would equal $0.80. Once the percentage is set, then dividend policy is on "automatic pilot" and the dividend actually paid depends strictly on earnings.
Answer: A
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Jennifer's staff enjoys working for her but thinks she is a perfectionist. She often thinks that she is the only one who can handle her division's difficult clients or handle some of the most sensitive issues, so she frequently has problems with
A. responsibility. B. allocation. C. accountability. D. authority. E. delegation.
An auditor typically sets inherent risk for intangible assets at this level:
A. moderate. B. high. C. zero. D. low.
Which of the following is true of promotional pricing?
A) It leads to 'deal-prone' customers who buy products only during sales. B) It fortifies the brand's image in the eyes of customers if relied upon extensively. C) It simplifies shopping for customers if used simultaneously by multiple stores. D) It makes balancing short-term sales incentives against long-term brand building unnecessary. E) It is extremely beneficial for the brand's profitability if practiced repeatedly.
Reflect upon your work experience or your experience working with other classmates in group projects. Do you think most people tend to favor a leadership style that focuses on task behavior or one that focuses on relationship behavior? Why do you think this is the case?
What will be an ideal response?