While Rogue Corporation has been in business for over 50 years, newly developed

Question

While Rogue Corporation has been in business for over 50 years, newly developed products pushed the firm's year-over-year growth rate to 35% during the latest three years. The firm is proud of its history of paying dividends, but the vigorous recent growth of the firm has left it cash challenged. Which of the following policies/procedures would you consider best under the circumstances?

Select one:

a. Borrow long-term to pay the current dividend.

b. Look seriously for a merger partner.

d. Substitute a stock dividend for the current cash dividend.

2.)Farrah owns 5,000 shares of stock in DAS, Inc. with a market value of $15,000.DAS declares a 20% stock dividend. After the dividend is paid, Farrah owns

Select one:

a. 6,000 shares with a market value of $18,000.

b. 6,000 shares with a market value of $15,000.

c. 5,000 shares with a market value of $18,000.

Explanation / Answer

a. 6,000 shares with a market value of $18,000.

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