Question: Which statement regarding dividends is true? a. They are usually changed every year to reflect earnings changes, and these changes are randomly higher or lower,
Which statement regarding dividends is true?
| a. | They are usually changed every year to reflect earnings changes, and these changes are randomly higher or lower, depending on whether earnings increased or decreased. | |
| b. | They tend to be a lower percentage of earnings for mature firms. | |
| c. | They are usually more stable than earnings. | |
| d. | They fluctuate more widely than earnings. |
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