Consider the below mentioned statements: 1. The dividends are not cumulative for equity shareholders, that is, they cannot be accumulated and distributed in the later years. 2. Dividends are taxable. State True or False: a) 1-True, 2-True b) 1-False, 2-True c) 1-False, 2-False d) 1-True, 2-False

Consider the below mentioned statements: 1. The dividends are not cum

1.	Consider the below mentioned statements: 1. The dividends are not cumulative for equity shareholders, that is, they cannot be accumulated and distributed in the later years. 2. Dividends are taxable. State True or False: a) 1-True, 2-True b) 1-False, 2-True c) 1-False, 2-False d) 1-True, 2-False
Answer» d) 1-True, 2-False

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Consider the below mentioned statements: 1. The dividends are not cumulative for equity shareholders, that is, they cannot be accumulated and distributed in the later years. 2. Dividends are taxable. State True or False: a) 1-True, 2-True b) 1-False, 2-True c) 1-False, 2-False d) 1-True, 2-False

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