Which of the following should not influence a firm's dividend policy decision?
A. A strong preference by most shareholders for current cash income versus capital gains.
B. Constraints imposed by the firm's bond indenture.
C. The fact that much of the firm's equipment has been leased rather than bought and owned.
D. The fact that Congress is considering changes in the tax law regarding the taxation of dividends versus capital gains.
E. The firm's ability to accelerate or delay investment projects.
Answer: C
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To calculate lifetime value, a company would estimate the amount of money a person would spend with the company over a lifetime and then subtract what it will cost the company to maintain this relationship
Indicate whether the statement is true or false
Max wants to invest in the stock market. Although he has expert knowledge in trading in the stock market, he does not have the time needed to engage in these transactions and hence needs someone to buy and sell stocks on his behalf. In this case, Max should hire a(n) _____ to fulfill his requirement.
A. angel investor B. discount broker C. securities dealer D. investment banker
In a fostering change approach, management should provide the union with full information, training, and opportunities to participate in the design and implementation of change.
Answer the following statement true (T) or false (F)
Figure TB-4.7 shows several systems flowchart routines that intentionally violate good flowchart construction procedures
Required:
Redraw each of the routines so that they conform to the guidelines and other techniques presented in the text for drawing systems flowcharts. HINT: Be alert to the description of each routine; the descriptions should govern your solution.
