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Companies characterized by high price-earnings ratios and low dividend payout ratios are:________ a. blue chip companies b. mature companies c. cyclical companies d. growth companies
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15 votes
15 votes
Companies characterized by high price-earnings ratios and low dividend payout ratios are:________

a. blue chip companies
b. mature companies
c. cyclical companies
d. growth companies

User Kites
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1 Answer

15 votes
15 votes

Answer:

They are growth companies as they use the less for more method to cut down on unnecessary expenditures and generate a higher turnover

User Hayesti
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