Which one of the following factors favors a lower dividend payout policy? Group of answer choices The tax on capital gains is deferred until the tax is gain is realized Few, if any, positive net present value projects are available to a firm A majority of shareholders has a low relevant tax rate A majority of shareholders has better investment opportunities with similar risk Corporate tax rates exceed personal tax rates

answer; ///blank(1); rate-buster; blank(2) systematic soldiering;

since the options are not listed, when you are working on your budget you should also add water, tv, internet, miscellaneous and your 'fun' money for in your budget. when budgeting, you need to allow for fun money, and mis/accidental money so that you stick to the budget and not go crazy because you feel strapped to the budget.

answer: b. false

the staff is a set of five horizontal lines and four spaces which represent a different musical pitch. the lines and the spaces are numbered from bottom to top, the bottom line is the first line and the fifth line is the line on the top. the notes on the top of the staff (fifth line) have a higher pitch than a note at the bottom of the staff.