单选题 All else being equal, which of the following most likely increase credit quality? A company decreases its:
A. margin stability.
B. retained cash flow.
C. dividend payout ratio.

【正确答案】 C
【答案解析】[解析] 派发给股东的股利越少，在公司里留给债权人的现金就越多，对债权人也越有利，并会增加公司的信用质量；减少利润率的稳定性和留存的现金流，都会降低公司的信用质量。