Firms are usually prohibited by state law from distributing ________
A) retained earnings as dividends
B) paid-in capital in excess of par as dividends
C) dividends in a year the firm has a net loss
D) preferred dividends
B
You might also like to view...
When producing an MPR plan, an MPR professional evaluates a firm's positioning and resources before defining the problem
Indicate whether the statement is true or false
The primary focus of compliance-based ethics programs is on
A. increasing individual ethical responsibility. B. training employees on financially viable methods. C. creating awareness about ethical issues. D. giving tools to make ethical decisions. E. detecting and punishing legal violations.
Generally, the death or insanity of either the agent or the principal terminates the agency
relationship as a matter of law. Indicate whether the statement is true or false
Which of the following is true about organization culture?
A. It is the most difficult aspect of organization change. B. It is a transformational factor. C. It is directly related to the external environment D. All of the these