Please check this sentence

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Kanonathena

#275670 Tue, 03 Oct 06 02:13 PM

Like its name suggests, firms that adpot this policy only pay to its shareholder the residual of the net income which may find its way in reinvesting in the business or financing other business opportunity.

Does "find its way in" sound awkward? Is it used correctly?

Thank you.

Kanonathena

Joined on Sun, Apr 23 2006

Full Member (213)

Mister Micawber

#275688 Tue, 03 Oct 06 03:08 PM

Find its way may be OK, but I cannot get the overall sense. First and foremost, what is 'its name'?

Here are some other interim corrections:

As its name suggests, firms that adopt this policy pay to its shareholder only the residual of the net income, which may find its way into reinvestment in the business or into financing other business opportunities.

Mister Micawber

Joined on Wed, Aug 4 2004

Yokohama

Veteran Member (22,604)

'The question is,' said Humpty Dumpty, 'which is to be master-- that's all.'

Kanonathena

#275733 Tue, 03 Oct 06 05:21 PM

ahh begin to see the gap.

The "name" is residual dividend policy, a type of dividend policy.

Thank you.

Kanonathena

Mister Micawber

#275852 Wed, 04 Oct 06 12:59 AM

Then yes, I am content with my revision.

Residual dividend policy

As its name suggests, firms that adopt this policy pay to its shareholders only the residual of the net income, which may find its way into reinvestment in the business or into financing other business opportunities.

Mister Micawber