Which of the following statements would be consistent with the dividend irrelevance theory?
A) Perfect capital markets are assumed to exist which allow investors to buy and sell stock
without incurring any transaction costs.
B) Investors are indifferent whether stock returns come from dividend income or capital gains
income.
C) There is no relationship between a firm's dividend policy and the value of its common stock.
D) All of the above
D
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The Dayton Corporation began the current year with a retained earnings balance of $25,000. During the year, the company corrected an error made in the prior year, which was a failure to record depreciation expense of $3,000 on equipment. Also, during the current year, the company earned net income of $12,000 and declared cash dividends of $5,000. Compute the year end retained earnings balance
A) $29,000 B) $35,000 C) $39,000 D) $45,000
A person who is sued for damages because of alleged negligence may successfully defend herself/himself by proving
a. the plaintiff voluntarily assumed the risk. b. there was no proof of actual causation. c. the injury was not foreseeable by a reasonable person under the circumstances of the case. d. any or all of the above
Which of the following statements is true of illegal sales?
A) If a sale is divisible with a legal and illegal part, then neither part is enforceable by the law. B) An indivisible sale with an illegal part makes the entire sale illegal. C) If a sale involves several separate items but it is a lump-sum sale, then the sale is considered divisible. D)If a party is completely innocent and has entered into an illegal sale, the court will not intervene to aid the party.
Does consumer behavior depend on the gender of consumer? Explain using probabilities