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According to the residual theory of dividends, if a firm's equity need exceeds the amount of retained earnings, the firm would ________.
Duplication of Payment
The act of making the same payment more than once, often due to administrative error or oversight, leading to unnecessary financial outlay.
Fee-For-Service
Payment for each service that is provided; individuals who choose to pay high premiums so that they have the flexibility to seek medical care from health care professionals of their choice.
High Premiums
A term related to insurance indicating a higher cost for coverage, usually due to perceived increased risk or higher value of what's being insured.
Third-Party Payer
An entity (other than the patient or healthcare provider) responsible for paying for health care services, often an insurance company or government program.
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