Most states limit dividend policy by requiring
A)that dividends may not be paid unless the firm generates net earnings during the most recent year
B)that dividends may only be paid out of retained earnings
C)that dividends may not be paid when the firm is insolvent
D)the firm's capital to be used to pay dividends

Question

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The Answer of Most states limit dividend policy by requiring
A)that dividends may not be paid unless the firm generates net earnings during the most recent year
B)that dividends may only be paid out of retained earnings
C)that dividends may not be paid when the firm is insolvent
D)the firm's capital to be used to pay dividends

Most States Limit Dividend Policy by Requiring