Solved

Which One of the Following Statements Is Correct Concerning the External

Question 253

Multiple Choice

Which one of the following statements is correct concerning the external financing need (EFN) and the dividend payout ratio? Assume EFN is a positive number.


A) The dividend payout ratio has no effect on the EFN.
B) An increase in the dividend payout ratio will decrease the EFN.
C) An increase in the dividend payout ratio will increase the EFN.
D) The effect on EFN caused by an increase in the dividend payout ratio cannot be predicted.
E) An increase in EFN causes the dividend payout ratio to decrease.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents