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3. Which of the following is false? a) The Board of Directors of a corporation decides on dividends. b) Firms that sell merchandise on credit

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3. Which of the following is false? a) The Board of Directors of a corporation decides on dividends. b) Firms that sell merchandise on credit are called creditors c When sales go up, all other things equal, the firm will need additional financing dy Dividends are tax deductible for the firm

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