Which of the Following Is Not One of the Changes

question 3

Short Answer

Which of the following is not one of the changes an airline traveler might experience?
• Free Wi-Fi
• Time delays
• Enhanced airport restrictions
• Fewer refreshments on flights

---

Definitions:

Planning Horizon

The long-range time period the financial planning process focuses on, usually the next two to five years.

Dividend Policy

A company's strategy or policy to decide how much profit it will pay out to shareholders as dividends.

Retention Ratio

The fraction of net profits not paid out as dividends but kept within the corporation for reinvestment or other purposes.

Dividend Payout Ratio

The fraction of net income a firm pays to its shareholders in dividends, representing how much money a company returns to shareholders versus retaining for growth.