All else equal (that's important), an increase in which one of the following will increase net income?
a. Fixed costs
b. Dividends
c. Depreciation
d. Revenue
e. Marginal tax rate
2. The common stockholders of a corporation
a. participate in the daily management of the corporation.
b. always receive dividends from profits of the corporation.
c. have no voting rights on company issues.
d. always receive dividends from the profits of the corporation.
e. are the "residual claimants" and have a claim on income after all other expenses have been paid.