Q45
A company having easy access to the capital markets can follow a ____________ dividend policy
A.
liberal
AnswerB.
formal
C.
strict
D.
Varying
Answer: Option A
Solution
Answer: Option A
Solution:
A company having easy access to the capital markets can follow a liberal dividend policy. It is a policy of distributing a major part of its earnings to its shareholders as dividend and retains a minimum amount as retained earnings.