At REL Ltd

question 8

Multiple Choice

At REL Ltd., earnings per share over a five year period were (from earliest to latest) $2.00, $0.50, $1.20, $2.40, $1.75. In the same period, dividends per share were $0.50, $0,50, $0,50, $0.75, $0.75. What best describes this result?

• A) Stock dividends.
• B) Share repurchases.
• C) dividend signalling.
• D) Dividend smoothing.
• E) Residual dividends.

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Definitions:

Cystectomy

A surgical operation to remove the urinary bladder.

Surgical Excision

The process of removing tissue or part of an organ by a surgical procedure.

Bladder

A hollow organ in the lower abdomen that stores urine.

Albuminuria

The presence of albumin, a type of protein, in the urine, which can be a sign of kidney disease.