With regard to cash dividends:
A) they must be paid on a yearly basis.
B) the Board of Directors of the corporation determines if a dividend will be paid.
C) developmental-stage companies will pay large dividends to their shareholders.
D) a corporation must have enough additional paid-in capital and cash to pay dividends.
Correct Answer:
Verified
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Q152: Which statement below is FALSE?
A)Income taxes payable
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