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Author Question: To ensure that a borrower is not using short-term bank credit to finance a part of its permanent ... (Read 49 times)

ereecah

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To ensure that a borrower is not using short-term bank credit to finance a part of its permanent
  needs for funds, banks often require borrowers to clean up their short-term loans for a 30-45 day
  period during the year.
 
  Indicate whether the statement is true or false

Question 2

The president of Smith Brothers, Inc. wants a dividend policy that minimizes the likelihood of
  decreasing the company's dividend per share. Which of the following policies should the CEO
  select?
 
  A) stable dollar dividend per share
  B) regular dividend plus a year-end extra
  C) constant dividend payout ratio
  D) All policies have the same likelihood of a dividend decrease because dividend changes are
  dependent on changes in earnings.


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yuyiding

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ereecah

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Reply 2 on: Jul 10, 2018
YES! Correct, THANKS for helping me on my review


kusterl

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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