12 Transcribed Image Text: Which of the following is a good justification for Neptune Corporation following a policy of “low dividends are best?” 1. Dividends are taxed when received II.

12 Transcribed Image Text: Which of the following is a good justification for Neptune Corporation following a policy of
“low dividends are best?”
1. Dividends are taxed when received
II. Taxes on dividends can be deferred until the stock is sold
II. Taxes on capital gains can be deferred until the stock is sold
Only statements I and IIl are correct
O Only Statement III is correct
O Only statements Il and III are correct
O Only Statement Il is correct
O Only statement I is correct

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