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When a legislature passes a law that unnecessarily or too generally restricts freedom of speech, the court may declare the law unconstitutional based on the _____.
Debt-equity Ratio
A ratio used to express the relative use of equity and debt in funding a company’s assets.
Capital Spending
Expenditures by a company on major physical goods or services that are expected to generate economic benefits in the future.
Residual Dividend Policy
A strategy where a company pays dividends out of the residual or leftover equity only after all project capital needs are met.
Dividend Payout Ratio
Amount of cash paid out to shareholders divided by net income.
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