Question
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
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AS Accounting For AQA
Authors: David Cox,Michael Fardon
2nd Edition
1905777140, 978-1905777143
