Firms paying excess dividends may cause shareholders to pay taxes sooner and at a higher marginal tax rate than if the firm either held the excess funds, or found additional satisfactory investments
Indicate whether the statement is true or false
TRUE
You might also like to view...
A piece of personal property affixed to real property is called a ________.
Fill in the blank(s) with the appropriate word(s).
Daniel went onto an Internet message board and found that his ex-wife, Faye, had posted a message calling him a fat, insensitive jerk who only cared about watching sports on TV. Does Daniel have any protection against Faye's making such statements to a potentially large number of readers, some of whom may know Daniel and some of whom may not?
Whereas ________ are often associated with a low-cost leader strategy, ________ are frequently an important aspect of a differentiation strategy.
A. marketing innovations; management innovations B. product innovations; service innovations C. process innovations; product innovations D. radical innovations; instrumental innovations
Last year Emery Industries had $450 million of sales and $225 million of fixed assets, so its Fixed Assets/Sales ratio was 50%. However, its fixed assets were used at only 65% of capacity. If the company had been able to sell off enough of its fixed assets at book value so that it was operating at full capacity, with sales held constant at $450 million, how much cash (in millions) would it have generated?
A. $66.94 B. $78.75 C. $63.00 D. $74.81 E. $75.60