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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Dividend payments cannot exceed the balance sheet item “Retained earnings.” This is known as the _____.

a.

stock split rule

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b.

impairment of capital rule

c.

dividend irrelevance ruled

.

constant payout rule

e.

free cash flow rule

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