A low-risk profitable firm intends to maintain its 60% dividend payout ratio into the future. It...
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A low-risk profitable firm intends to maintain its 60% dividend payout ratio into the future. It doesn't forecast any buybacks or equity raisings and is expected to always remain profitable. Over time, this firm's 'retained profits' on the balance sheet would be expected to: a. Grow. O b. Remain unchanged. Oc Remain unchanged O d. Insufficient information. A low-risk profitable firm intends to maintain its 60% dividend payout ratio into the future. It doesn't forecast any buybacks or equity raisings and is expected to always remain profitable. Over time, this firm's 'retained profits' on the balance sheet would be expected to: a. Grow. O b. Remain unchanged. Oc Remain unchanged O d. Insufficient information.
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Related Book For
Contemporary Financial Management
ISBN: 9780324289114
10th Edition
Authors: James R Mcguigan, R Charles Moyer, William J Kretlow
Posted Date:
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