Legal constraints prohibit the payment of cash dividends until a certain level of earnings has been achieved or limit the amount of dividends paid to a certain dollar amount or percentage of earnings
Indicate whether the statement is true or false
FALSE
Business
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McDonald's states that it would like "to satisfy the world's appetite for good food, well-served, at a price people can afford." The preceding reflects McDonald's
a. cost-leadership strategy. b. mission. c. annual goal statement. d. advertising campaign.
Business
This morning, Jeff found an aged bond certificate lying on the street. He picked it up and noticed that it was a 50-year bond that matured today. He presented the bond to the bank teller at his local bank and received payment for both the entire principal and the final interest payment. The bond that Jeff found must have been which one of the following?
A. Debenture B. Note C. Registered-form bond D. Bearer-form bond E. Callable bond
Business