The problem with the constant dividend payout ratio is
A) management cannot decrease the dividend when times are tough.
B) management is reluctant to cut the dividend even if there are low profits that year.
C) the dollar amount of the dividend fluctuates from year to year.
D) investors may come to expect a specified amount.
C
Business
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The purpose of a code of ethics is to assess the morality of a company?s behavior in order to identify irregularities
Indicate whether the statement is true or false
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