Which of the following should be considered when a company decides to declare a cash dividend on
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Which of the following should be considered when a company decides to declare a cash dividend on common shares?
a. The retained earnings balance only
b. The number of authorized common shares
c. The book value of the company's shares
d. The cash available and the retained earnings balance
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Related Book For
Cornerstones Of Financial Accounting
ISBN: 9780176707125
2nd Canadian Edition
Authors: Jay Rich, Jefferson Jones, Maryanne Mowen, Don Hansen, Donald Jones, Ralph Tassone
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