Nathan noticed that a company that has great potential just declared a ________ because its stock price was getting too high for the small investor to buy the stock
The company will substitute more shares for the existing shares of stock without increasing the market value of the firm.
A) dividend yield
B) stock repurchase
C) claim on income
D) stock split
E) stock splice
Answer: D
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Answer the following statements true (T) or false (F)
1.A tariff quota is a combination of a specific tariff and an ad valorem tariff. 2.A specific tariff is expressed as a fixed percentage of the total value of an imported product. 3.The protective effect of a tariff occurs to the extent that less efficient domestic production is substituted for more efficient foreign production. 4.A tariff can increase the welfare of a "large" country if the favorable terms-of-trade effect is greater than the unfavorable protective effect and consumption effect. 5.If the world price of steel is $600 per ton, a specific tariff of $120 per ton is equivalent to an ad valorem tariff of 25 percent.
If delivery is to be made without moving the goods, title passes from the seller to the buyer at the time and place of contracting if the goods have been identified to the contract.
Answer the following statement true (T) or false (F)
At one time Miller Beer was known as the "champagne of bottled beer." Unfortunately, Miller drinkers did not drink much beer. To increase sales, Miller was repositioned to attract the members of the middle working class
This segmentation approach is ________. A) user loyalty B) usage rate C) needs D) behavioral E) psychographic
In capital budgeting, the appropriate decision rule for an average-risk project is to accept if the ________ is greater than the WACC
A) NPV B) IRR C) cost of equity D) cost of debt