Which of the Following Would Be Most Likely to Lead

question 22

Multiple Choice

Which of the following would be most likely to lead to a decrease in a firm's dividend payout ratio?

• A) Its access to the capital markets increases.
• B) Its R&D efforts pay off, and it now has more high-return investment opportunities.
• C) Its accounts receivable decrease due to a change in its credit policy.
• D) Its stock price has increased over the last year by a greater percentage than the increase in the broad stock market averages.
• E) Its earnings become more stable.

---

Definitions:

Electronic Communication

Refers to the transmission of information using electronic systems such as email, social media, and messaging apps.

Ambiguous Objectives

Goals or targets that are not clearly defined, making them open to multiple interpretations.

Verbal Communication

Communication that uses words; may be either oral or written.

Business Etiquette

Business etiquette encompasses the manners and conduct expected within professional settings, guiding interactions and communications.