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Which of the following is NOT true about transcribing chart notes?
Capital Budget
Planning for the acquisition and use of long-term assets to achieve a company’s strategic goals.
Payout Ratio
A financial metric indicating the percentage of a company's earnings paid out as dividends to shareholders, typically expressed as a percentage of net income.
Residual Dividend Policy
A strategy in which a company pays dividends to its shareholders from the residual or leftover equity once all project and operation costs have been met.
Target Capital Structure
The mix of debt, equity, and other securities that a company aims to hold to finance its operations and growth.
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