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 stock?

a. the retained earnings balance only

b. the amount of authorized shares of common stock

c. the book value of the company’s stock

d. the cash available and the retained earnings balance

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Cornerstones Of Financial Accounting Current Trends Update

ISBN: 9781111527952

1st Edition

Authors: Jay Rich , Jeff Jones, Maryanne Mowen , Don Hansen

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