Statutory restrictions on dividend payments include all of the following EXCEPT
A) if the dividend is being paid from capital invested in the firm.
B) if, because of the dividend payment, the firm intends to sell new common stock to fund its
capital budget.
C) if liabilities exceed assets.
D) if the amount of the dividend exceeds the firm's retained earnings.
B
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Under the parol evidence rule, parties cannot vary the terms of a(n):
A. oral contract by introducing evidence of a written agreement. B. written contract by introducing evidence of another writing signed after the original contract was drafted. C. written contract by introducing evidence of terms allegedly agreed on prior to, or contemporaneous with the writing. D. oral agreement by publishing notice of a subsequent modification.
Explain the role of correspondent banking units (CBUs) role in doing business across borders
What will be an ideal response?
Explain the difference between primary and secondary storage.
What will be an ideal response?
The fastest-growing method of dispute resolution in the United States is
A. arbitration. B. negotiation. C. mediation. D. litigation.