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Author Question: The CFO of a large Canadian public company believes that the companys greatest strategic goal should ... (Read 280 times)

curls713

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on: Aug 7, 2023
The CFO of a large Canadian public company believes that the company’s greatest strategic goal should be to maintain flexibility. To achieve this goal, which of the following financial structures is most likely in place at the company?

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The company holds large amounts of cash and short-term investments in spite of the opportunity loss resulting from low investment earnings.


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The company has issued significantly more equity (common shares) to avoid the restrictions that debt would impose through restrictive covenants.


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The company has issued significantly more long-term debt than equity (common shares) because debt has a significantly lower after-tax cost.


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The company maintains a higher dividend payout ratio than other firms in the industry to ensure that its common shares are attractive to investors.

Financial Management: Theory and Practice ¦ Brigham, Ehrhardt, Gessaroli, Nason ¦ 4th Edition
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Marked as best answer by curls713 on Aug 7, 2023

nora9826

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Reply #1 on: Aug 7, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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curls713

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Reply 2 on: Aug 7, 2023
Thanks for the timely response, appreciate it

ryhom

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Reply 3 on: Yesterday
Wow, this really help

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