Boston free press has a dividend policy whereby the firm pays a constant annual dividend of $2.40 per share of common stock. The firm has $1,000 shares outstanding The company: A. Must always show a current liability of $2,400 ($2.40 x 1,000), for dividends payable B. Must still declare each dividend before it becomes an actual company liability C. is obligated to pay $2.40 per share each year in perpetuity D. will be declared in default if it does not pay at least $2.40 per share per year in a timely basis E. has a liability that nust be paid in a later date should the company miss paying an annual dividnd payment