Question

The age of a foreign subsidiary

A) has no influence on payment of dividends.
B) indicates the number of capital investment needs; older subsidiaries have higher needs.
C) influences dividend policy in that younger subsidiaries tend to remit a higher proportion of their earnings in dividends to the parent company.
D) influences dividend policy in that older subsidiaries tend to remit a higher proportion of their earnings in dividends to the parent company.

Answer

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