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The Mori Egg Noodle Company has the following equity accounts on its balance sheet: Common stock ($10 par, 300,000 shares) $ 3,000,000 Contributed capital in

The Mori Egg Noodle Company has the following equity accounts on its balance sheet: Common stock ($10 par, 300,000 shares) $ 3,000,000 Contributed capital in excess of par 1,500,000 Retained earnings 6,000,000 Total common stockholders equity $10,500,000 What is the maximum amount of dividends that may be paid by the Mori Company if the capital impairment provisions of state law are limited to the following? i. The par value of common stock ii. The par value and the capital in excess of par accounts b. What other factors may limit Moris ability to pay dividends?

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