1. Dividends declared by the companies are taken as a positive note by the investors Stock markets react positively to such decisions and share prices tend to show an upward trend. But at the same time, it is restricted to certain extent by the Companies Act as well as the financial condition of the concern. Franco, the financial manager of Sunlight Ltd. Declared in the Annual General Meeting (AGM) that "It is costly to reinvest the retained earnings." after considering his statement, what decision is taken by the board?
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Dividends declared by the companies are taken as a positive note by the investors Stock markets react positively to such decisions and share prices tend to show an upward trend. But at the same time, it is restricted to certain extent by the Companies Act as well as the financial condition of the concern. Franco, the financial manager of Sunlight Ltd. Declared in the Annual General Meeting (AGM) that "It is costly to reinvest the retained earnings." after considering his statement, what decision is taken by the board
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