Reasons why company not declare dividends
1. A firm's net income for year was $200,000. Average assets totaled $1.5 million, and average liabilities totaled $0.3 million. Return on equity was:
A. 13.3% B. 16.7% C. 10% D. 20%
2. Write two reasons why company would not declare dividends.
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Write two reasons why company would not declare dividends.
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