Which of the following statements about image is false?
A) Reinforcing or rejuvenating a current image that is consistent with the view of consumers is easier to accomplish than changing a well-established image that is not consistent with the image the company wants to project.
B) It is relatively easy to change the image people hold about a given company.
C) Any negative or bad press can quickly destroy an image that took years to build.
D) The image being projected must accurately portray the firm and coincide with its goods and services.
B
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Fernwood Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available: Retained earnings balance at the beginning of the year$238,000? Cash dividends declared for the year 51,250? Proceeds from the sale of equipment 87,200? Gain on the sale of equipment 4650? Cash dividends payable at the beginning of the year 22,550? Cash dividends payable at the end of the year 30,500? Net income for the year 112,750? The amount of cash paid for dividends was:
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