FIL 240 Lecture 22 Outline of Last Lecture I Cash Dividends a Payout Ratio b Dividend Yield c Declaration date d Date of record e Price Ex dividend II Theories a Residual b Clientele c Signaling d Bird in hand III Types of Dividends a Stock Dividend b Stock Split Outline of Current Lecture I Working Capital definition a Net working capital b Rule c Graph d Aggressive short term debt e Conservative f Moderate Current Lecture Working Capital Policy I Working Capital current assets or liquid assets to be used within the year a Net working capital current assets current liabilities b Having more capital is more costly These notes represent a detailed interpretation of the professor s lecture GradeBuddy is best used as a supplement to your own notes not as a substitute c Temp current assets Permanent current assets d Aggressive short term debt expensive but flexible all of permanent current assets and temporary current assets like a line of credit at a bank e Conservative use long term debt to finance everything fixed assets and current assets cheaper finances temp current permanent current and fixed assets f Moderate long term debt finances fixed assets and permanent current ONLY
View Full Document
Unlocking...