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A dividend to be paid with non-cash assets is posted at the following amount: a. The fair value of the assets on the dividend declaration

A dividend to be paid with non-cash assets is posted at the following amount:

a. The fair value of the assets on the dividend declaration date b. The book value of the assets on the dividend declaration date c. The fair value of the assets on the date the dividend is paid d. None of the above. Dividends cannot be declared to be paid with assets other than cash.

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