G. True/False
Instructions: Indicate whether each of the following statements is true or false by placing an X in the
appropriate column.
TRUE	FALSE
		1. The two main sources of stockholders' equity are paid-in capital and long-term debt.
		do preferred stockholders.
		2. The board of directors has the sole authority to distribute earnings to the stockholders
		in the form of dividends.
		3. Preferred stock for which dividend rights are limited to a certain amount is said to be
		noncumulative.