In which of the following pairs of antitrust cases did the firms prevail against the antitrust charges leveled against them?

A) the Alcoa case and the Microsoft case
B) the U.S. Steel case and the Alcoa case
C) the DuPont cellophane case and the U.S. Steel case
D) the U.S. Steel case and the Microsoft case

One implication of the bird-in-the-hand theory of dividends is that a given reduction in dividend yield must be offset by a more than proportionate increase in growth in order to keep a firm's required return constant,other things held constant.

(Last Word) Microsoft:

A) dominates the primary Internet markets.
B) is attempting to gain market share in the Internet,smartphone,and tablet markets in an effort to offset a shrinking PC market.
C) has colluded with Amazon and Google to fix online advertising prices.
D) holds a near-monopoly in the Internet search market.

Capital tends to flow into markets earning short-run profits and out of markets suffering short-term losses.

The reasons companies go international are all of the following except

A) profits.
B) customers.
C) suppliers.
D) capital.
E) weak labour laws.

A valid reason for a firm to reduce or eliminate its cash dividends is if the tax laws have recently changed such that dividends are taxed at an investor's marginal rate while capital gains are tax exempt.