Dividend policy depends on
1. the firm's earnings
2. investment opportunities available to the firm
3. corporate income taxes
A) 1 and 2
B) 1 and 3
C) 2 and 3
D) all of the above
Correct Answer:
Verified
Q45: Preferred stock and long-term bonds are similar
Q59: Lower cash flow may be the result
Q60: The greater the numerical value of the
Q61: Preferred stock dividends are
1. a legal obligation
2.
Q62: Which of the following occurs when a
Q63: Issuing a stock dividend will immediately cause
A)the
Q66: Stock dividends increase
A)the number of shares outstanding
B)the
Q67: The quick ratio
A)excludes accounts payable
B)excludes accounts receivable
C)includes
Q68: Cumulative voting permits a stockholder to
A)collect extra
Q69: Earnings per preferred share are
A)earnings before interest
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