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# If Consolidated Conglomerate’s earnings are less than or equal to 10 p

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If Consolidated Conglomerate’s earnings are less than or equal to 10 p  [#permalink]

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10 Jul 2019, 02:56
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00:00

Difficulty:

35% (medium)

Question Stats:

71% (01:29) correct 29% (01:22) wrong based on 21 sessions

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If Consolidated Conglomerate’s earnings 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 Consolidated Conglomerate suffer a dividend cut?

(A) None
(B) One
(C) Two
(D) Three
(E) Four

Source: Nova GMAT

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Re: If Consolidated Conglomerate’s earnings are less than or equal to 10 p  [#permalink]

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11 Jul 2019, 18:55
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1.jpg

If Consolidated Conglomerate’s earnings 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 Consolidated Conglomerate suffer a dividend cut?

(A) None
(B) One
(C) Two
(D) Three
(E) Four

Source: Nova GMAT

By Simple Calculations and numbers are fairly easy too. IMO Option D Three
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Re: If Consolidated Conglomerate’s earnings are less than or equal to 10 p   [#permalink] 11 Jul 2019, 18:55
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