Accounting: Tools for Business Decision Making, 5th Edition

Published by Wiley
ISBN 10: 1118128168
ISBN 13: 978-1-11812-816-9

Chapter 11 - Reporting and Analyzing Stockholders' Equity - Self-Test Questions - Page 602: 14

Answer

B - high dividend payout

Work Step by Step

If Thomas is looking for a stock that provides him with income, he should invest in a stock with a high dividend payout. Stocks that do not pay a dividend are not a good option based on his personal financial goals.
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