Many firms operate at a dividend payout ratio of less than 50%. Why don't firms pay a larger percentage of income as dividends?
Firms do not pay out all of their income as dividends because there are other alternative uses of the income. Management's objective should be to maximize the wealth of the stockholders. Sometimes that can be achieved by paying dividends; other times it can be achieved by retaining the income and reinvesting it in alternatives such as purchasing replacement fixed assets or equipment which could be vital to the continuing operations of the company.
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The ____________________ principle attempts to associate with the revenue of the period, all costs necessary to generate that revenue
Fill in the blank(s) with correct word
Characteristics of mobile devices that need to be considered when designing mobile computing systems include each of the following except
A) small screens. B) reduced memory. C) restricted input capabilities. D) broad bandwidth.
At the end of each quarter, Patti deposits $500 into an account that pays 12% interest compounded quarterly. How much will Patti have in the account in three years? (Use appropriate factor(s) from Table 1, FV of $1; Table 2, PV of $1; Table 3, FVA of $1; and Table 4, PVA of $1 contained within a separate file.)
A. $8,880. B. $7,096. C. $7,129. D. $7,013.
Historical comparisons are most appropriate during periods of recession or economic boom.
Answer the following statement true (T) or false (F)