In order to reduce discretionary financing needed, a profitable company could decrease its

dividend payout ratio.

Indicate whether the statement is true or false

TRUE

Business

You might also like to view...

A company has an average inventory on hand of $80,000 and the average days to sell inventory is 73 days. What is the cost of goods sold?

a. $400,000. b. $5,840,000. c. $800,000. d. $2,920,000.

Business

The most highly credible source would score high on at least two of the three dimensions—expertise, trustworthiness, and likability

Indicate whether the statement is true or false

Business