Dividend policy is the logical extension of circulating necessary funds' policy and investment policy and is the result of financial activities .

其中，股利政策是公司融资政策、投资政策的逻辑延伸，是其理财的必然结果。

The whole concept of editing studies is the logical extension of"editing".

编辑学的全部内容就是“编辑”概念的逻辑展开。

The rational investor would want to get out of the asset class before the herd decides to do so. The logical extension of that argument (assuming most investors are rational) is to sell now.

理智的投资家们期望在大众出手前先出手，根据这个逻辑的延伸（假设大多数的投资家都是理智的），他们应该现在就出售。