1. JP Corp. has a retained earnings balance of $1,000,000. The company reported net income of $300,000, sales of $2,000,000, and had 100,000 shares of common stock outstanding. The company announced a dividend of $1 per share. Therefore, the companys dividend payout ration is ___.
  
2. Financial leverage could mean financing some of a firms assets with ___.
  
3. Dividend policy is influenced by ___.
  
4. The break even point in sales dollars is convenient if ___.
  
5. Which of the following will result from a stock repurchase?
  
6. Stock dividends ___.
  
7. Break even analysis is used to study the effect on EFT of changes in all of the following except:
  
8. The final approval of a dividend payment comes from ___.
  
9. Dividends generally ___.
  
10. A justification for no dividend payments that would be pleasing to shareholders could be ___.