Which of the following statements would be consistent with the bird-in-the-hand dividend
theory?
A) Wealthy investors prefer corporations to defer dividend payments because capital gains
produce greater after-tax income.
B) Dividends are less certain than capital gains.
C) Dividends are more certain than capital gains income.
D) Investors are indifferent whether stock returns come from dividend income or capital gains
income.
C
Business
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Another name for on-the-job training is
A. Videoconferencing B. Internet classroom method C. Case studies D. Role playing E. Learning by doing
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A lease for a definite period of time at a flat rental rate is best described as an:
a. estate for years, payable at a gross rate b. periodic tenancy, payable at a gross rate c. estate for years, payable at a net rate d. periodic tenancy, payable at a net rate
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