Consequential theories look at whether ________

The profit-seeking school of social responsibility argues that the social costs of doing business are a responsibility of individual businesses

Indicate whether the statement is true or false

Jiffy Co expects to pay a dividend of $3.00 per share in one year. The current price of Jiffy common

stock is $60 per share. Flotation costs are $3.00 per share when Jiffy issues new stock. What is the cost of internal common equity (retained earnings) if the long-term growth in dividends is projected to be 8 percent indefinitely? A) 16 percent B) 14 percent C) 15 percent D) 13 percent