Question: Dividend payments cannot exceed the balance sheet item Retained earnings. This is known as the _____. a. stock split rule b. impairment of capital rule
Dividend payments cannot exceed the balance sheet item "Retained earnings." This is known as the _____.
a.
stock split rule
b.
impairment of capital rule
c.
dividend irrelevance rule
d.
constant payout rule
e.
free cash flow rule
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