Scorecard Corp. is an oil drilling company and has some free cash flow that is not expected to be used for growth or investment projects. The company plans to distribute to its shareholders but is still decieding whether they should conduct a stock repurchase or distribute dividends.

1. Which of the following is a characteristic of a firm's optimal policy?
a. It maximizes the firm's intrinsic value
b. It maximizes the firm's total assets
c. It maximizes the firm's return on equity
D. It maximzes the firm's earnings

muslims control the north africa during the period of 1500 up

to 1800. they made a barrier to prevent further european exploration from

entering the africa from the north. however, the dutch ware still able to move

toward the interior with having south africa as one of the routes leading to

the east for trading with asia.

according to the song of roland, the characteristics of an ideal knight are: loyalty to the king, skilled warriors and horseman, valiant, bold, courageous, strong and proud in battle. they should be determined to fulfil their duties and willing to die to make their people safe.