If a firm adheres strictly to the residual dividend policy, and if its optimal capital budget requires the use of all earnings for a given year (along with new debt according to the optimal debt/assets ratio), then the firm should pay

A. the same dividend as it paid the prior year.
B. no dividends to common stockholders.
C. dividends only out of funds raised by the sale of new common stock.
D. dividends only out of funds raised by borrowing money (i.e., issuing debt).
E. dividends only out of funds raised by selling off fixed assets.


Answer: B

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In a pre-billing system, invoices are prepared:

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Dr. James isolated Staphylococcus aureus, a type of bacteria, from the leg wound of a ten-year-old boy. He suspected these bacteria would grow better at body temperature than room temperature (72°F), but thought that he should collect data to support his thinking. Dr. James introduced the same number of Staphylococcus bacteria into each of six test tubes containing the same type and amount of nutrient broth. Three test tubes were incubated at 98.6°F (Group 1), while three test tubes (Group 2) sat at 72°F. After 24 hours, Dr. James compared the turbidity (indicative of growth) of all six tubes and rated each on a scale of 0 - 4. 0 indicates no turbidity (no growth), while 4 indicates high turbidity (high growth). The following data were collected:

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_____ makes spatial differentiation even more of a reality for organizations.

A. Routineness B. Globalization C. Decentralization D. Downsizing

Business

Research evidence supports the argument that diversity increases ______.

A. satisfaction B. performance C. stress D. happiness

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