Which of the following are not legitimate constraints on the dividends a firm will pay to shareholders?
A) Dividends must not eat into legal capital.
B) Bondholders may have covenants limiting the amount of the dividend.
C) Dividends may be constrained by the amount of cash a firm has.
D) All are legitimate constraints on the dividends that firms choose to pay to shareholders.
Answer: D
You might also like to view...
If company managers decide to set the export price for a particular product at an amount equivalent to the home-country price, they would be using which approach to pricing?
A) ethnocentric B) polycentric C) regiocentric D) geocentric E) extension pricing
Which of the following statements concerning the relationship between culture and negotiations is not a true statement?
A. Cross-cultural and international negotiations are much more complex than domestic negotiations. B. It is relatively easy to predict an individual's behavior on the basis of cultural differences. C. The art of negotiation is deciding which strategy to apply when. D. All of these statements are true.
A budget can contain only financial information
Indicate whether the statement is true or false
Which of these was part of the First Media Age?
a. books b. hieroglyphics c. radio d. the printing press