Generally speaking, the higher a firm's ROA, the _________ the dividend payout ratio and the _________ the firm's growth rate of earn.
A. higher; lower
B. higher; higher
C. lower; lower
D. lower; higher
Answer: D
Generally speaking, the higher a firm's ROA, the _________ the dividend payout ratio and the _________ the firm's growth rate of earn.
A. higher; lower
B. higher; higher
C. lower; lower
D. lower; higher
Answer: D