Policy involves the decision to pay out earnings to shareholders or to retain and reinvest them in the firm. when distributing income to stockholders there are three key issues to consider: (1) how much should be distributed? (2) should the distribution be in the form of dividends, or should the cash be passed on to shareholders by stock?
(3) how stable should the distribution be? when deciding how much cash to distribute, a firm's managers must remember that the firm's objective is shareholder value. the ratio is defined as the percentage of net income distributed as cash dividends, and it should be based on investors' preferences for dividends versus capital gains. any change in this ratio will have two opposing effects: (1) if dividends are increased, then taken alone this will cause the firm's stock price . (2) however, an increase in dividends will also cause the firm's expected growth rate and this will tend to firm's stock price. the policy is the one that strikes a balance between current dividends and future growth the firm's stock price.

Who is better at multi-tasking? in business, employees are often asked to perform a complex task when their atten-tion is divided (i. e., multi-tasking). human factors (may 2014) published a study designed to determine whether video game players are better than non–video game play-ers at multi-tasking. each in a sample of 60 college stu-dents was classified as a video game player or a non-player. participants entered a street crossing simulator and were asked to cross a busy street at an unsigned intersec-tion. the simulator was designed to have cars traveling at various high rates of speed in both directions. during the crossing, the students also performed a memory task as a distraction. two variables were measured for each student: (1) a street crossing performance score (measured out of 100 points) and (2) a memory task score (measured out of 20 points). the researchers found no differences in either the street crossing performance or memory task score of video game players and non-gamers. “these results,” say the researchers, “suggest that action video game players [and non-gamers] are equally susceptible to the costs of dividing attention in a complex task”

How much are you willing to pay for a zero that matures in 10 years, has a face value of $1,000 and your required rate of return is 7%? round to the nearest cent. do not include a dollar sign in your answer. (i. e. if your answer is $432.51, then type 432.51 without $ sign)

Over the past decade, brands that were once available only to the wealthy have created more affordable product extensions, giving a far broader range of consumers a taste of the good life. jaguar, for instance, launched its x-type sedan, which starts at $30,000 and is meant for the "almost rich" consumer who aspires to live in luxury. by marketing to people who desire a luxurious lifestyle, jaguar is using: