Everything else equal, generally a firm will set a low dividend payout ratio and finance capital budgeting projects using retained earnings rather than through the sale of new common stock when the:
A. flotation costs associated with a stock issue are high.
B. senior management team wants to dilute the firm's ownership.
C. firm faces no constraints with regard to the distribution of earnings.
D. firm's annual earnings increase.
E. firm has fewer acceptable capital budgeting projects than in previous years.
Answer: A
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Which of the following characterises a model of organisational career management which stresses the importance of both the individual and organisation taking equal responsibility for careers in order to meet the needs of both parties (Hirsh and Jackson, 2004):
a. career partnership b. career symmetry c. corporate career management d. talent management
Strategic groups are firms in different industries following the same or similar strategies.
Answer the following statement true (T) or false (F)
What feature of reload options prevents the use of a Black-Scholes valuation?
What will be an ideal response?
?Deflation is a period of declining prices.
Answer the following statement true (T) or false (F)