Which of the Following Statements Is FALSE

question 14

Multiple Choice

Which of the following statements is FALSE?

• A)While firms do still pay dividends,substantial evidence shows that many firms have recognized their tax disadvantage.
• B)The fact that firms continue to issue dividends despite their tax disadvantage is often referred to as the dividend puzzle.
• C)At the end of the 1990s,dividend payments exceeded the value of repurchases for U.S.industrial firms.
• D)While evidence is indicative of the growing importance of share repurchases as a part of firms' payout policies,it also shows that dividends remain a key form of payouts to shareholders.

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Definitions:

Ethical Value

Principals or standards of behavior considered morally right or acceptable in a society or community, governing individuals and organizations.

Workout Class

A structured fitness session led by an instructor, focusing on exercise and physical activity, often held at gyms or fitness centers and designed for group participation.

Senior Citizens

People who are above a certain age, usually over 60 or 65, considered to be beyond the traditional age of retirement.

Code of Ethics

A guideline designed to set out acceptable behaviors for members of a particular group, profession, or organization.