Question
What is one of the below is INCONSISTENT with reasons that firms perform Dividend Smoothing? A. Clientele effects dictate that a certain fraction of investors
What is one of the below is INCONSISTENT with reasons that firms perform Dividend Smoothing?
A. Clientele effects dictate that a certain fraction of investors by stocks strickly for their steady dividends
B. Firm's have lost confidence in their future earnings
C. Companies want to ensure they have enough cash to support a growing dividend over time
D. Firms are more comfortable raising and lowering the dividend in synch with earnings
Hodgkiss Mfg., Inc., is currently operating at only 85 percent of fixed asset capacity. Fixed assets are $437,400. Current sales are $540,000 and projected to grow to $717,882. How much in new fixed assets are required to support this growth in sales? Assume the company wants to operate at full capacity.
A. $59,705
B.$59,136
C.$144,084
D. $56,862
E. $54,019
odgkiss Mfg., Inc., is currently operating at only 85 percent of fixed asset capacity. Fixed assets are $437,400. Current sales are $540,000 and projected to grow to $717,882. How much in new fixed assets are required to support this growth in sales? Assume the company wants to operate at full capacity. |
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