Which of the Following Would Be Most Likely to Lead

Question 35
Multiple Choice

Which of the following would be most likely to lead to a decrease in a firm's dividend payout ratio? A) Its earnings become more stable. B) Its access to the capital markets increases. C) Its research and development efforts pay off,and it now has more high-return investment opportunities. D) Its accounts receivable decrease due to a change in its credit policy. E) Its stock price has increased over the last year by a greater percentage than the increase in the broad stock market averages.