Question: Financial managers: Multiple Choice prefer cutting dividends over incurring flotation costs. are reluctant to cut dividends. place little emphasis on dividend policy consistency. tend to

Financial managers:
Multiple Choice
prefer cutting dividends over incurring flotation costs.
are reluctant to cut dividends.
place little emphasis on dividend policy consistency.
tend to prefer cutting dividends every time quarterly earnings decline.
tend to ignore past dividend policies.
 Financial managers: Multiple Choice prefer cutting dividends over incurring flotation costs.

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