Dividends Are Paid Out of Profits, and

question 99

Multiple Choice

Dividends are paid out of profits, and

• A)dividends are guaranteed.
• B)dividend payments must be approved by the firm's board of directors.
• C)dividends are paid before a firm's taxes are paid.
• D)dividends are usually paid twice a year.
• E)dividends are guaranteed and paid twice a year.

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