Examlex
Assume that a firm has a steady record of paying stable dividends for years.Market analysts had expected management to increase the dividend by 7.5% in the latest quarter.However,management announced a 15% increase in the current year's dividend.The market value of the stock rose 20% on the day of the announcement.Which of the following would best explain the stock market's reaction to the announcement?
Cash Receipts
Cash inflows or money received by a business from various sources, including sales, investments, and financing activities.
Budgeted
The process of creating a plan to spend your money over a certain period.
Expected Unit Sales
The number of units of product a business anticipates selling over a specific period, based on forecasts.
Inventory On Hand
Inventory on hand is the total quantity of goods, materials, and products that a company has available at any given time for use in production or sale.
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