Although a corporation may have sufficient cash and retained earnings to pay a dividend, its board of directors may not declare dividends. Name at least two reasons why a board of directors might not declare dividends


Although a corporation may have sufficient cash and retained earnings to pay a dividend, its board of directors may not declare dividends for several reasons:

1. The corporation may need the cash for expansion.
2. It may want to improve its overall financial position by liquidating debt.
3. It may be facing major uncertainties, such as a pending lawsuit, strike, or a projected decline in the economy.

Business

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An unsecured bond is the same as a

A) term bond. B) zero coupon bond. C) debenture bond. D) bond indenture.

Business

Explain the three major phases of team presentations. Give an example of a situation when you participated in a team presentation and analyze the extent to which your team did or did not follow the chapter’s guidelines. What were the consequences?

What will be an ideal response?

Business

Which of the following correctly pairs the standard deviation with its associated probability?

a. six standard deviations, probability of 99.7% b. three standard deviations, probability of 49.8% c. two standard deviations, probability of 68.2% d. five standard deviations, probability of 95.5%

Business

Case-based reasoning describes a particular phenomenon or process linguistically and then represents that description in a small number of flexible rules

Indicate whether the statement is true or false

Business