When a firm begins to pay dividends, it is signalling that it always expects to have enough cash flow to maintain and increase its dividend payout

Indicate whether this statement is true or false.

Answer: TRUE

Business

You might also like to view...

Jim Wallace, an agent for Lux, made a contract with Doolittle that exceeded Wallace's authority. If Lux wishes to hold Doolittle to the contract, Lux must prove that

A. Lux ratified the contract before withdrawal from the contract by Doolittle. B. Wallace was acting in the capacity of an agent for an undisclosed principal. C. Wallace believed he was acting within the scope of his authority. D. Wallace was Lux's general agent even though Wallace exceeded his authority.

Business

Recalling Chapter 17's "FYI: When 'No Comment' and 'Comment' are Equally Catastrophic," what do most public relations professionals consider to be the cardinal rule for communications during a crisis?

A) Apologize. B) Say, "No comment." C) Tell it all and tell it fast. D) Use a neutral spokesperson.

Business