Which of the following type of firms are most likely to payout cash dividends?
A) rapidly growing firms
B) firms encouraging innovation
C) large mature firms
D) firms expanding their operations
C
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What are performance standards?
What will be an ideal response?
An example of an uncontrollable variable to a chain supermarket owner/manager is _____
a. legal restrictions relating to price advertising b. store cleanliness c. choice of an upscale target market d. width and depth of assortment
Truth is an absolute defense to slander, but not libel
Indicate whether the statement is true or false
Prepare a comparative common-size income statement for Marion, Inc for 2017 and 2016 data
(Round percentages to one decimal place.) Marion, Inc Comparative Income Statement Years Ended December 31, 2017 and 2016 2017 2016 Net Sales $ 6,355 $ 4,920 Cost of Goods Sold 3,370 2,200 Gross Profit 2,985 2,720 Operating Expenses: Selling Expenses 675 580 Administrative Expenses 410 425 Total Operating Expenses 1,085 1,005 Operating Income 1,900 1,715 Other Revenues and (Expenses): Interest Revenue 0 0 Interest Expense (400 ) (695 ) Total Other Revenues and (Expenses) (400 ) (695 ) Income Before Income Taxes 1,500 1,020 Income Tax Expense 230 210 Net Income $ 1,270 $ 810 What will be an ideal response