A corporation can elect to allocate corporate profits into either

A. Interest payments or dividends.
B. Capital gains or dividends.
C. Bonds or stocks.
D. Dividends or retained earnings.

Answer: D

Economics

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Firm's under conditions of perfect competition will

A) Will face a few other competitors in the market. B) Will face barriers to entry. C) Have no disproportionate influence on price. D) None of the above.

Economics

Bill attends a local basketball game. The teams are very unbalanced, the play is bad, and the score quickly reaches 36-2. At halftime, Bill realizes he's having no fun, leaves the game, and goes home. Bill's behavior is NOT determined by

A. economic logic. B. sunk costs. C. utility maximization. D. None of these is true.

Economics