Multiple Choice
Which of the following statements correctly describes what dividends a company may pay?
A) They may pay dividends at a level to be decided by the board.
B) They may not pay dividends.
C) They may pay dividends up to the point at which gearing does not fall below the rate for the previous year.
D) They may pay dividends but only up to the point that they have retained profits from previous years.
Correct Answer:
Verified
Correct Answer:
Verified
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