You are the CFO Crystal Glass Co. a non-dividend paying firm that currently has excess cash reserves. You are preparing for an internal management meeting where dividends are on the agenda. You know that the CEO favors the commencement of a dividend program. You, however, oppose any dividend plan at this time. Write a good argument that you can use in the meeting to support your position.

Answer rating: 100% (QA)

The company has excess cash reserves Also we are on the ... View the full answer