One strength of payback period is that it fully accounts for the time value of money

Under modern statutes, the two general prerequisites to the declaration of a dividend are Corporate solvency. A resolution by the directors to declare a dividend.

A. I only. B. II only. C. Both I and II. D. Neither I nor II.

A segment is more attractive if it is easy for new competitors to enter the market

Indicate whether the statement is true or false