The 1920 case Eisner v. Macomber declared that one form of these things were not income.Special versions of them do not occur on a regular schedule. The Gordon model states th
The 1920 case Eisner v. Macomber declared that one form of these things were not income.Special versions of them do not occur on a regular schedule. The Gordon model states that the valueof a company is equal to the discounted value of all future incidents of these things. The largest one ofthem in history was a thirty-two billion dollar one by (*) Microsoft in 2004. Any profits a companyearns that are not used in these things are considered retained earnings. The Modigliani-Miller modelsuggests that under ideal conditions, capital structure and a company's policy regarding these doesn'tmatter. For 10 points, name these periodic payments made by corporations to stockholders.
The 1920 case Eisner v. Macomber declared that one form of these things were not income.
dividends [or dividend payouts]