问题 多项选择题

采用固定或持续增长的股利政策对公司不利的方面表现在( )。

A.稀释了股权

B.股利支付与公司盈余脱节,资金难以保证

C.易造成公司不稳定的印象

D.无法保持较低的资金成本

答案

参考答案:B,D

解析: 固定或持续增长的股利政策是将每年发放的股利固定在一个固定的水平上并在较长的时期内不变,只有当公司认为未来盈余将会显著地、不可逆转地增长时,才提高年度的股利发放额。该股利政策的缺点在于股利支付与盈余脱节,同时不能像剩余股利政策那样保持较低的资金成本。

单项选择题

To get a chocolate out of a box demands a considerable amount of unpacking: the box has to be taken out of its paper bag; the plastic wrapper has to be torn off, the lid opened and the packing paper inside removed; the chocolate itself then has to be unwrapped from its own piece of paper. Similarly a pot of face cream comes surrounded by layers of paper, waged inside a cardboard box, and the whole thing wrapped tightly in plastic.
It is not only luxuries which are wrapped in this way, With so many goods now produced centrally and sold in supermarkets it is becoming increasingly difficult to buy anything from nails to potatoes that is not already done up in plastic or paper.
The wrapper itself is of no interest to the shopper, who usually throws it away immediately. Useless wrapping accounts for much o the 31 pounds in weight of rubbish put out by the average London household each week. So why is it done Some of it, like the wrapping on meat, is necessary, but most of the rest is simply competitive selling. This is stupid. Packaging is using up scarce energy and raw materials and ruining all the time. One big firm reports that its glass, cans and paper have all gone up by 30 per cent in the last couple of months, while plastic has increased by 50 percent and all these prices are still rising. This seems as yet to have had surprisingly little effect on the packaging practice of manufacturers.
Little research is being carried out on the costs in energy and materials of other possible types of packaging. Just how practical is it, for instance, for local authorities to save waste paper and re-manufacture it as egg-boxes Would it be cheaper to plant another forest to produce new paper
One reason for the unorganized behavior of everyone concerned is probably the varied nature of the packaging industry. So many people, with so many different interests of their own, are affected that it is extremely hard to reach any agreement on what should be done. Also, packagers say that preserving forests and preventing waste is not their concerns.

According to the author, the packaging industry is_______.
A. full of capable people. B. rather disorganized.
C. very worried about waste. D. full of people with different opinions.

多项选择题 案例分析题