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In order to pay a dividend, the corporation must have adequate cash resources. the board of directors must declare a dividend. the net realizable value
In order to pay a dividend, the corporation must have adequate cash resources. the board of directors must declare a dividend. the net realizable value of the corporation's assets must exceed its liabilities and share capital. All of these choices are correct.
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Financial Statements
Authors:
1st Edition
1423223853, 9781423223856
