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stranahan stranahan
wrote...
Posts: 3324
7 years ago
The dividend policy of a firm may be influenced by all of the following EXCEPT:
A) the fact that firms cannot pay out cash dividends from their legal capital.
B) the fact that bondholder covenants can place constraints on dividend policy.
C) the fact that there may not be enough cash on hand.
D) the fact that loans are a typical resource for paying dividends.
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
Author:
Read 384 times
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Answer verified by a subject expert
SpoiledBeefSpoiledBeef
wrote...
Posts: 242
7 years ago
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stranahan Author
wrote...
7 years ago
Thank you for  the help. I had a few questions on a few of them and this really confirmed my answers.
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