All of the following factors support the proposition that dividend policy matters EXCEPT
A) perfect capital markets.
B) information asymmetry exists between shareholders and managers.
C) investors desire to minimize and defer taxes, and capital gains get preferential tax treatment
over dividend income.
D) flotation costs significantly increase the cost of new common stock compared to retained
earnings.
A
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The conformist ______.
a. is important to have in most organizations b. can be extremely harmful to one’s leadership c. rarely exists in most organizations d. is in line with most stereotypical view of followers
Discuss the relationship between job analysis, job descriptions, and job specifications.
What will be an ideal response?
Paper Corporation holds 80 percent of the voting shares of Scissor Company. On January 1, 20X8, Scissor purchased $100,000 par value 12 percent first mortgage bonds of Paper from Cruse for $115,000. Paper originally issued the bonds to Cruse on January 1, 20X6, for $110,000. The bonds have an 8-year maturity from the date of issue. Scissor's reported net income of $65,000 for 20X8, and Paper reported income (excluding income from ownership of Scissor's stock) of $90,000.Based on the information given above, what gain or loss on the retirement of bonds should be reported in the 20X8 consolidated income statement?
A. $6,250 gain B. $7,500 loss C. $7,500 gain D. $6,250 loss
Which of the following is one of Herzberg's hygiene factors?
A. Achievement B. Working conditions C. Recognition D. Responsibility E. Advancement