According to the residual dividend payout policy, dividends are considered a residual after

A) investment financing needs have been met.
B) preferred stock is issued.
C) EPS is allocated.
D) retained earnings are financed.

Answer: A

Business

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Alberto has an HO-3 contract with $100,000 of Liability Coverage

He is ordered by a judge to pay his neighbor $162,000 because of bodily injuries the neighbor suffered while he and Alberto were fishing in Alberto's old, undeclared 35 horse-power outboard motor boat. How will the contract respond? A) Nothing is paid because liability arising out of this boat is excluded. B) $61,500 is paid because of the deductible. C) $62,000 is paid to the injured party. D) $100,000 is paid to the neighbor.

Business

A data dictionary documents all the tables and their data types

Indicate whether the statement is true or false

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