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17. Funds that are obtained from routine business transactions are known as . a. spontaneously generated funds b. additional funds needed c. cash flows from
17. Funds that are obtained from routine business transactions are known as . a. spontaneously generated funds b. additional funds needed c. cash flows from financing activities d. internally financed funds e. financial feedback funds 18. Firms following the constant payout ratio dividend policy: a. will have a stable dividend payment when earnings fluctuate. b. will have a fluctuating dividend payment when earnings are stable. c. will have a higher cost of equity when earnings are stable compared to other similar firms. d. will have a lower cost of retained earning when earnings are volatile compared to other similar firms e. will have a fluctuating dividend payment when earnings fluctuate
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