A certain corporation retained almost all of its earnings, only rarely paying a cash dividend When some

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A certain corporation retained almost all of its earnings, only rarely paying a cash dividend When some of the stockholders objected, the reply of the president was: "Why do you want cash dividends? You would just have to go to the trouble of reinvesting them. Where can you possibly find a better investment than our own company?" Comment.

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Financial Accounting An Introduction To Concepts Methods And Uses

ISBN: 9780030452963

2nd Edition

Authors: Sidney Davidson, Roman L. Weil, Clyde P. Stickney

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