Dividends are:
a. paid out of after tax profits.
b. payable at the discretion of a firm's president.
c. treated as a tax-deductible expense of the issuing firm.
d. paid only to preferred stockholders.
e. only partially taxable to high-income individual shareholders.

Walking through the grocery store, ramon sees a "buy 2, get 1 free" deal on laundry detergent. even though he currently has plenty of detergent he decides to take home all three bottles. ramon's decision seems to have been based mostly on his immediate need for the detergent the low price of alternative brands the limited income he presently earns the sale price offered for the detergent