Question
For the following three situations: A company uses its paid-in capital (in addition to retained earnings) to pay dividends. A company distributes another companys shares
For the following three situations:
A company uses its paid-in capital (in addition to retained earnings) to pay dividends.
A company distributes another companys shares as dividends.
A company distributes its own shares as dividends.
What types of dividends are involved, respectively? Enter 1, 2, 3, or 4 that represents the correct answer.
1. property dividends, stock dividends, liquidating dividends, respectively.
2. property dividends, liquidating dividends, stock dividends, respectively.
3. liquidating dividends, property dividends, stock dividends, respectively.
4. liquidating dividends, stock dividends, property dividends, respectively.
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