The dividend to general unsecured creditors is the dividend rate declared on common stock multiplied by the amount due to unsecured creditors.   True of False

SWFT Comprehensive Volume 2019
42nd Edition
ISBN:9780357233306
Author:Maloney
Publisher:Maloney
Chapter19: Corporations: Distributions Not In Complete Liquidation
Section: Chapter Questions
Problem 17DQ
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The dividend to general unsecured creditors is the dividend rate declared on common stock multiplied by the amount due to unsecured creditors.  

True of False 

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