Cartwright Ltd

question 52

Multiple Choice

Cartwright Ltd.is a private company owned and operated by the Thatcher family.When trying to decide what dividends to pay, all of the following would be factors, except:

• A)tax issues.
• B)personal cash needs.
• C)effect on the share price.
• D)cash requirements of the entity.

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Definitions:

Appreciated

An increase in the value of an asset or currency in comparison to other assets, currencies, or benchmarks.

Yen

The official currency of Japan, used as a medium of exchange in one of the world's largest economies.

Dollar Price

The cost of a good, service, or security expressed in terms of the U.S. dollar.

Import

Goods or services brought into one country from another for sale.