Research Has Shown All of the Following to Be True

question 53

Multiple Choice

Research has shown all of the following to be true of the way corporations determine dividends except:

• A)firms have short-run target payout ratios.
• B)firms have long-run target payout ratios.
• C)the focus is more on dividend changes rather than absolute dividends.
• D)managers try to avoid dividend changes that may need to be reversed.

---

Definitions:

Graduated Income Tax

A tax system where the tax rate increases as the taxable amount increases, imposing higher rates on higher income earners.

Senators

Members of the upper chamber of a bicameral legislature, particularly in the United States, elected to represent their states in federal legislative decisions.

Progressive Era

A period of widespread social activism and political reform across the United States, from the 1890s to the 1920s, aiming to address issues caused by industrialization, urbanization, and corruption.

Female Emancipation

The process of granting women freedom or rights, particularly those that were previously restricted or limited, such as the right to vote or work.