Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Discretionary financing needs will be higher if ________. Assume all else equal. A. the firm's net profit margin increases B. sales decline C. the dividend
Discretionary financing needs will be higher if ________. Assume "all else equal."
A. the firm's net profit margin increases
B. sales decline
C. the dividend payout ratio is raised
D. excess capacity exists for fixed assets
C is correct answer: the dividend payout ratio is raised
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started