What do shareholders most desire when a firm retains earnings rather than paying dividends?
Ans: A higher return than the shareholder can earn elsewhere given the same level of risk
Business
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Japanese companies are less inclined to use this approach for selecting advertising agencies:
A) designate global agencies. B) designate local agencies. C) use of ads in-house. D) use of outside agencies. E) use of in-house marketing.
Business
The ________ measure a firm's performance over a specified period of time whereas a ________ provides a snapshot of the firm as of a specific date
A) income and balance sheets; cash flow statement B) balance sheet and cash flow statement; income statement C) income and cash flow statements; balance sheet D) None of the choices are correct.
Business