A dividend reinvestment plan (DRIP):
A. offers fixed dividends to the firm's stockholders.
B. requires payment of a constant percentage of the firm's earnings as annual cash dividends.
C. enables stockholders to automatically reinvest cash dividends they receive in the stocks of the dividend-paying firm.
D. pays stockholders tax-free cash dividends.
E. pays extra cash dividends in years the firm has few acceptable investment opportunities.
Answer: C
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Identify the correct statement about coupons
A) They are used for product-oriented promotion. B) Coupons delivered in the old-fashioned way have much higher redemption rate than virtual coupons. C) They are ineffective in targeting price-sensitive households. D) The largest distribution channel for coupons is by far free-standing inserts (FSIs).
Which data types are typically found in the finance department?
A. Investment data, monetary data, reporting data. B. Transactional data, purchasing data, payroll data, tax data. C. Employee data, promotion data, vacation data. D. Promotion data, sales data, advertising data.
An official of a large national union claims that the fraction of women in the union is not significantly different from one-half. Using the critical value approach and the sample information reported below, carry out a test of this statement. Let ? = .05. sample size400 women168 men232
What will be an ideal response?
Restitution is available in which of these situations?
A) A wholly executory contract which has been dismissed due to impossibility. B) ?A wholly executory contract which has been dismissed due to illegality. C) A partially performed contract that has been dismissed due to frustration of purpose. D) Restitution is available in all of these situations.