Describe the three divergent views of dividend policy's effect on share price
What will be an ideal response?
One group argues that the amount of dividend is irrelevant and that stock price is independent of dividend amount.
An investor can create a "homemade" dividend at any time in lieu of a dividend payment by the company. The second
group argues that high dividends increase stock price. These "bird-in-the-hand" theorists state that the relative
certainty of dividends compared to future capital gains makes high dividend paying firms more valuable. The third
group argues just the oppositeNthat low-dividend paying firms are more valuable. Differences in dividend/capital
gain tax liability make low-dividend paying firms more valuable since capital gains can be deferred indefinitely.
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Podcasting is a form of social media
Indicate whether the statement is true or false a. True b. False
“Staying up-to-date on the status of activities, identifying problems, and taking corrective action” is which of the following management functions?
a. Guidance b. Managing materials c. Supervision d. Monitoring
Octavio receives fromPastry Dough, Inc, its catalogue and a "person¬alized" letter inviting Octavio to buy any item at the advertised price. This is
a. an offer because of the "person¬alized" letter. b. an offer because there is no room for price negotiation. c. an offer only if Octavio previously bought items from Pastry Dough. d. not an offer.
Sam was a 55-year-old bus driver with a travel agency, and he had worked with the agency for over 15 years. One morning, his employer told him that he should consider retirement because he was "of a certain age" and it would be best for the safety of the passengers that he be replaced by someone younger. He also insisted that retirement was mandatory for any bus driver over the age of 50 per the
company's policy. In this case, his employer needs to:? A) ?prove that mandatory age of retirement of employees is a Bona Fide Occupational Qualification for the job of a bus driver. B) ?show proof that the company has consistently enforced mandatory retirement for all employees over the age of 50. C) ?provide a 60-day notification and retirement benefits. D) ?provide a written notification, pension and healthcare benefits.