The residual theory of dividends implies that: Group of answer choices The firm should pay...
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Accounting
The residual theory of dividends implies that:
Group of answer choices
The firm should pay dividends only if more earnings are available than are needed to support the capital budget.
If necessary, firms should sell bonds to pay an adequate dividend to stockholders.
Dividend policy is a more important area of decision making in corporate finance than investment policy.
Dividend payout ratios should be held constant.
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