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The major, overall argument against the marginal principle of retained earnings is A) the uncertainty surrounding capital investment projects. B) the lack of ability to
The major, overall argument against the "marginal principle of retained earnings" is
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| A) | the uncertainty surrounding capital investment projects. |
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| B) | the lack of ability to adequately measure corporate investment returns. |
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| C) | the diversity of stockholders and their potential investment returns. |
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| D) | its failure to consider stockholder preferences |
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Contemporary Financial Management Fundamentals
Authors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
1st Edition
0324015771, 9780324015775
