Increase in transaction cost associated with issuing equity

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1. How does increase in dividend payout ration give rise to increase in transaction cost associated with issuing equity?

2. Why do organisations need accurate and timely financial information? What information is required to manage the organisation’s finances? Who is usually responsible for an organisation’s financial management?

3. There are several ways organisations maintain financial records. They include manual systems (hard copy) and computer-based (electronic) systems. How do computer and manual systems operate?

Reference no: EM132018273

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