Examlex
Which of the following does not refer to permanent insurance?
Residual Dividend Policy
A strategy where dividends paid to shareholders are set as the remaining profits after all project financing and working capital needs are met.
Capital Budget
The process and plan for determining and allocating resources, such as funds and investments, towards major long-term expenditures or projects of a company or government.
Dividend Payout Ratio
The fraction of net income a firm pays to its shareholders in dividends, expressed as a percentage of the company's total earnings.
Residual Dividend Policy
A strategy where dividends paid to shareholders are based on earnings left after the firm has funded all its capital investments.
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