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1. Common stock dividends cannot be paid by firms with net losses as shows on the firms income (or profit and loss) statement. True or
1. Common stock dividends cannot be paid by firms with net losses as shows on the firms income (or profit and loss) statement. True or False
2. Dominic's Dominoes, Inc. has seen its earnings decline over the past three years from $500,000 to $465,000. At what compound rate did the firms earnings change over that time frame?
A. (2.39)%
B. 2.39%
C. 2.45%
D. (2.45)%
E. None of the above
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