Addition to retained earnings is the proportion of net income that is paid out by the firm as cash dividends, and is calculated as 1 minus the retention ratio. Select one: True False Which one of the following method used in stock repurchases? Select one: a. Purchasing shares in the open market. b. Purchasing a block of shares on a negotiated basis. c. The company may make a tender offer to buy shares at certain price within a specified period of time. d. Either or combination of the methods mentioned. Within the context of dividends payout procedure, "ex-dividend" refer to when a stock sell ex-dividend, i.e., prior to the record date, in which buyer is entitled to receive dividends. Select one: True False