Suppose a company had a choice of when they could recognize depreciation expense on their Foxed Assets. Ali else being equal, the company would want to Since depreciation is not a cash llow, it does not matter when the firm recognizes it Recognize as much depreclation expense as early as possible. Delay depreciation expense as long as poss ble QUESTION 3 A company has an ROE of 10%, a plowback ratio of 25% and a cost of captal of 12\%. As CFO of the company, you have to make a choice about the dividend payout tatio of the firm. According to the information provided, you should increase the Dividend Payout Ratio. Not enough information to say Decrease the Dividend Payout Ratio Keep the Dividend Payout Ratio unchanged