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Which of the following statements are true regarding dividends? Select one: a liquidating dividends are used when the share capital of the company is being
Which of the following statements are true regarding dividends? Select one: a liquidating dividends are used when the share capital of the company is being reduced b. A corporation cannot pay a dividend if doing so would make it insolvent c. Different shareholders within a single class of shares can be paid different dividends on a per share basis. For example, both Joe & Mary own Class A shares. Joe can be paid a dividend of $0.25 per share while Mary can be paid a dividend of $0.50 per share. d. All of the above statements are true e. Only statements a. and b. above are true
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