When companies have positive earnings and cash flows during the mature phase, management is most likely to:

	A.	issue new debt.
	B.	issue new equity.
	C.	initiate a dividend or stock repurchase plan.

Management may be hesitant to initiate regular dividends because:

	A.	companies only pay dividends when they are in decline.
	B.	they've run out of ideas for capital expenditures.
	C.	dividends are sticky.