A residual dividend policy is one in which
A) leftover funds are paid out to stockholders as dividends after all other capital requirements are met.
B) a conservative dividend payment is made each period to stockholders.
C) no dividends are paid to stockholders because they will reap their benefits when the firm ceases operations.
D) bondholders receive extra cash flows when available after paying dividends to shareholders.
Answer: A
You might also like to view...
Financial statements are audited by outside accountants
A) because it is a requirement stated in the Internal Revenue Code. B) only when fraudulent financial reporting is suspected. C) who then report on whether or not the company is a good investment. D) to increase the users' confidence in the statements' reliability.
The partnership is the most common form of business organization in the United States
Indicate whether the statement is true or false
Which of the following is the best conclusion for an oral presentation?
A) That's all I have for today. B) To ensure that all employees are able to interact effectively with our diverse customers, I encourage you to approve this diversity training program. C) Thank you from the bottom of my heart for being here today. D) Before I conclude, let me add two more important points.
Judy knows it is important to approach business buyers at the right time, often during the first stage of their buying process, which is
A. vendor negotiation and selection. B. need recognition. C. the RFP process. D. proposal analysis. E. product specification.