According to the residual theory of dividends, if a firm's equity need is less than the amount of retained earnings, the firm would ________.
A) borrow to pay the cash dividend
B) declare a dividend equal to the remaining balance
C) pay no cash dividends
D) pay dividends higher than the remaining balance to gain credibility
B) declare a dividend equal to the remaining balance
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Operating expenses directly traceable to or incurred for the sole benefit of a specific department and usually subject to the control of the department manager are termed direct expenses
Indicate whether the statement is true or false
Which of the following would be included in the definition of nuclear family?
a. grandparents b. uncles and aunts c. father and mother d. cousins
A firm benchmarking its customer satisfaction on the basis of secondary data should use _____
a. reliability measures b. the American Customer Satisfaction Index c. gap analysis d. SERVQUAL
The United Nations is promoting a _______________________________ with business that asks businesses to voluntarily respect human labor and environmental concerns.
Fill in the blank(s) with the appropriate word(s).