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If Consolidated Conglonerate 's earning ...


If Consolidated Conglonerate 's earning are less than or equal to 10 percent of sales during a year, then the stockholders must take a dividend cut at the end of the year. In how many years did the stockholders of Consolidate Conglomerate suffer a dividend cut?

A

None

B

One

C

Two

D

Three

Text Solution

Verified by Experts

The correct Answer is:
D
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