Under what circumstances would a firm engage in share repurchases rather than increasing dividends?
a. If the firm has excess free cash flow that management expects will continue indefinitely.
b. If the firm has excess free cash flow that management expects will be only temporary.
c. If shareholders are in a lower tax bracket for dividends than for realized capital gains.
B
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Supply chain management activities ______.
A. refer to the coordination of activities across multiple firms B. refer to the application of government standards C. refer to the application of industry standards D. refer to the application of international standards
An empathetic listener focuses on the literal content of the communication but not on the emotional content
Indicate whether the statement is true or false.
The next year's net income ofByron Corporation is projected to be $21,000, and its payout ratio is 30 percent.Its target capital structure is 40 percent debt and 60 percent common equity. What is the retained earnings break point??
A. ?$35,000 B. ?$24,500 C. ?$6,300 D. ?$12,600 E. ?$8,400
An operational budget is a short-term financial plan that coordinates activities needed to achieve short-term goals
Indicate whether the statement is true or false