Legal constraints prohibit the payment of cash dividends until a certain level of earnings has been achieved or limit the amount of dividends paid to a certain dollar amount or percentage of earnings
Indicate whether the statement is true or false
FALSE
You might also like to view...
The purpose of ________ is to ensure that the company achieves the sales, profits, and other goals set out in its annual marketing plan
A) benchmarking B) operating control C) strategic control D) SWOT analysis E) a marketing audit
Which of the following most appropriately describes depreciation?
A) Decline in value of a plant asset B) Gradual allocation of the cost of a plant asset over periods of usefulness C) Physical deterioration of a plant asset D) Gradual obsolescence of a plant asset
An advantage of outdoor advertising is in its ability to reach a wide, targeted audience.
Answer the following statement true (T) or false (F)
Which of the following statements about causation in torts is true?
A) There can be only one legal cause of an accident. B) There can be more than one legal cause of an accident. C) There is liability for any cause that materially contributes to an accident. D) There is liability only for the last or proximate cause in a chain of events. E) Both B and C