Indicate Whether Each of the Following Items Is True or False

Indicate whether each of the following items is true or false.
_____ a) Many successful corporations do not pay dividends to their stockholders.
_____ b) Careful study of the financial statements will give investors the ability to predict future movements in the market price of a corporation's stock.
_____ c) The chief executive officer (CEO) of a corporation is usually not also a member of the board of directors.
_____ d) Dismissing an incompetent manager can be complicated when a company is experiencing entrenched management.
_____ e) The number of shares to purchase in order to attain "significant influence" of a corporation can readily be determined from the financial statements.