FREE Trial S
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Explanation is much appreciated According to the dividend principle, which of the following type of companies should return cash to stockholders? Companies that have excess

Explanation is much appreciated image text in transcribed

According to the dividend principle, which of the following type of companies should return cash to stockholders? Companies that have excess cash but very few good investment opportunities with positive NPV Companies that have no excess cash but many good investment opportunities with positive NPV

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Private Capital Investing The Handbook Of Private Debt And Private Equity

Private Capital Investing The Handbook Of Private Debt And Private Equity

Authors: Roberto Ippolito

1st Edition

ISBN: 1119526167, 978-1119526162

More Books

Students also viewed these Finance questions

Question

★★★★★
Find the mean, median, and mode for each of the following sets of scores: a. 35, 55, 80, 72, 55, 66, 74 b. 110, 115, 102, 102, 107, 102, 108, 110 c. 21, 19, 18, 30, 16, 30 d. 24, 26, 27, 22, 23, 22,...

Answered: 1 week ago

Question

★★★★★
PET scans of murderers brains have revealed higher-than-normal activation in the frontal lobes. lower-than-normal activation in the frontal lobes. more frontal lobe tissue than normal. no differences...

Answered: 1 week ago

Question

★★★★★
=+ (a) Show that d( X, Y)=0 if and only if X =Y with probability 1. Identify random variables that are equal with probability 1, and show that d is a metric on the resulting space.

Answered: 1 week ago

Question

★★★★★
LampArt Co. makes specialty table lamps. Manufacturing overhead is applied to production on a direct labor hours basis. During November, the first month of the companys fiscal year, $173,250 of...

Answered: 1 week ago

Question

★★★★★
Exercise 11-25 A recent stockholders' equity section of Aluminum Company of America (Alcoa) showed the following (in alphabetical order): additional paid-in capital $6,101, common stock $925,...

Answered: 1 week ago

Question

★★★★★
The following items provide information about an individual for the past year. What is the individual's ending cash balance? Purchase of a new car $25,000 Cash used on living expenses 30,000...

Answered: 1 week ago

Question

★★★★★
Explain the different departmentation with its advantages and limitations.

Answered: 1 week ago

Question

★★★★★
Brief the importance of span of control and its concepts.

Answered: 1 week ago

Question

★★★★★
What is meant by decentralisation?

Answered: 1 week ago

Question

★★★★★
Describe the patterns of business communication.

Answered: 1 week ago

Question

★★★★★
4. Articulate how media exert influence on your attitudes and behaviors

Answered: 1 week ago

Question

★★★★★
3. Provide two explanations for the effects of mass media

Answered: 1 week ago

Previous QuestionNext Question