AFB, Inc declared a dividend of $2 per share, which was an increase of 25% from the prior year, yet
AFB, Inc stock declined by 3% the day of the announcement.
DAS, Inc declared a dividend of $2
per share, which was the same as the prior year, and its stock increased in value by 2% on the day
of the announcement. These events could be most readily explained by the
A) clientele effect. B) expectations theory.
C) residual dividend theory. D) information effect.
B
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Most of the world's population now lives in countries that are
a. integrated or becoming integrated into world markets. b. trying to overcome economic isolation. c. cutting back on foreign investment. d. economically independent.
See the transactions to Monaco & Associates. The journal entry to record the October 31 transaction will include a credit to
a. Salaries Expense b. Salaries Payable c. Prepaid Salaries d. Cash
Which of the following reasons is not a reason that Atlas Door could lose competitive advantage?
A. A new rival with a strong resource base could undercut its prices. B. A rival easily could hire away its talented employees. C. Its technologies are non-proprietary. D. It has strong power over its distributors.
Diego is arrested for a theft committed by someone who stole his identity. A court orders his release, but due to a police error in Diego's paperwork, he is held in jail for a month. The police are most likely liable for A) abuse of process
B) false imprisonment. C) malicious prosecution. D) none of the choices.