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In considering the arguments for the relevance of dividends, which of the following statements is (are) correct?
I. Shareholders who are risk averse may prefer some dividends over the promise of future capital gains.
II. Flotation costs on new stock sales make dividend payout more desirable, rather than issuing new stock.
Largest Current Asset
Typically refers to the current asset in a company's balance sheet that represents the highest value, commonly either cash or accounts receivable.
Merchandiser
A business or person that sells goods to consumers, typically involved in purchasing, displaying, and selling of products.
Inventory
The total amount of goods and materials held by a company for the purpose of resale or manufacturing.
Gross Profit
The difference between revenue and the cost of goods sold, indicating the efficiency of core operations.
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