A company called Cimori has reported that they successfully doubled their earnings in 2020. If you are
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Question:
A company called Cimori has reported that they successfully doubled their earnings in 2020. If you are the stockholder of Cimori, which of these following actions would you like Cimori to do for their earning? explain your preference!
a). Give it in the form of dividends (also double the amount of last year's dividend)
b) Invest it as retained earnings, since Cimori's industry is in rapid technological change
c). Repurchase Cimori's stock which is currently on all time low for 3 years?
Related Book For
Management Accounting Information for Decision-Making and Strategy Execution
ISBN: 978-0137024971
6th Edition
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young
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