Firms that follow the constant payout ratio dividend policy have:
A. stable dividend payments, even when earnings fluctuate.
B. fluctuating dividend payments, even when earnings are stable.
C. higher costs of equity when earnings are stable than similar firms that have fluctuating earnings.
D. lower costs of retained earnings when earnings are volatile than similar firms that have stable earnings.
E. fluctuating dividend payments when earnings fluctuate.
Answer: E
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Answer the following statements true (T) or false (F)
1. Computer-assisted instruction is an example of on-the-job training. 2. When doing a performance appraisal the manager will provide the subordinate with feedback. 3. Performance management is a method used to improve profitability through a rapid downsizing. 4. A company that evaluates its truckers based on miles of freight hauled is using objective appraisals.
Describe the job characteristics theory and why growth needs matter.
What will be an ideal response?
Promotion from within and job rotation to fight boredom are critical strategies to a firm where management assumes that employees can be self-managers
Indicate whether the statement is true or false
A $200 credit to Interest Payable was instead recorded in error as a $200 credit to Cash in an adjusting entry, which has been posted to the ledger accounts. Which of the following is the result of this error?
A. The trial balance is out of balance by $200. B. Total liabilities are overstated by $200. C. Total assets are understated by $200. D. Net income is overstated by $200.