A valid reason for managers not to pay no cash dividend is a situation where the firm faces
insignificant flotation costs.
Correct Answer:
Verified
Q42: Pension plans own the majority of the
Q43: Corporate investors own the majority of the
Q45: Maintaining a target debt/equity ratio is a
Q47: Avoiding dividend increases is a goal in
Q48: A valid reason for a firm to
Q51: Avoiding cutting back on positive NPV projects
Q55: In a world with no taxes or
Q55: A valid reason for managers not to
Q58: Uncertainty about the future financial stability of
Q60: Because of the desire for current income,
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents