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Below is the common equity section (in millions) of Timeless Technology's last two year-end balance sheets: The firm has never paid a dividend to its
Below is the common equity section (in millions) of Timeless Technology's last two year-end balance sheets: The firm has never paid a dividend to its common stockholders. Which of the following statements is CORRECT? The firm has never paid a dividend to its common stockholders. Which of the following statements is CORRECT? a. The firm had positive net income in both 2014 and 2015, but its net income in 2015 was lower than it was in 2014. b. The firm issued common stock in 2015. c. The market price of the firm's stock doubled in 2015. d. The company's net income in 2015 was higher than in 2014
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