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On December 31 of the current year, Pilozzi Company has the following information available: Common Stock Additional Paid -in Capital Retained Earnings Cash Investment in
On December 31 of the current year, Pilozzi Company has the following information available: Common Stock Additional Paid -in Capital Retained Earnings Cash Investment in Trading Securities $5 million $4 million $2 million $2 million $50,000 On December 31 of the current year, can the Board of Directors declare and pay a cash dividend of $3 million? O A. No, Cash and Retained Earnings are both below $3 million. O B. No, Retained Earnings is below $3 million. C. Yes, if they can borrow some money, or liquidate some assets. D. No, the cash balance is below $3 million In general, the order of reporting stockholders' equity on the balance sheet is 0 A. O B. C. 0 D. Common Stock, Preferred Stock, Paid-in Capital in Excess of Par, Retained Earnings, Treasury Stock Preferred Stock, Common Stock, Paid-in Capital in Excess of Par, Retained Earnings, Treasury Stock. Retained Earnings, Preferred Stock, Common Stock, Paid-in Capital in Excess of Par, Treasury Stock. Preferred Stock, Common Stock, Treasury Stock, Paid-in Capital in Excess of Par, Retained Earnings. I In 2019 Chen Corporation purchased treasury stock with a cost of $54,000. During the year, the company declared and paid dividends of S12,000 and issued bonds payable for $1,100.000. Net cash provided by financing activities for 2019 is: OA. OB. OC. O D. $1,088,000. $1,034,000 $1,046,000 $1,100,000
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