Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 21, 2024

Which of the following is NOT necessary in order for a corporation to pay a cash dividend? Question 1 1 options: Declaration of dividends by

Which of the following is NOT necessary in order for a corporation to pay a cash dividend?

Question

11

options:

Declaration of dividends by the board of directors

Adequate cash

Retained earnings

Approval of stockholders

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting in an Economic Context

Authors: Jamie Pratt

8th Edition

9781118139424, 9781118139431, 470635290, 1118139429, 1118139437, 978-0470635292

More Books

Students also viewed these Accounting questions

Question

★★★★★

Victor Yang practices medicine under the business title Victor Yang, M.D. During March, the medical practice completed the following transactions: Mar. 1 Yang contributed $62,000 cash to the business...

Answered: 1 week ago

Question

★★★★★

QUESTION 2e: (5 pts) We now have the sequence of transformations that turns the square with vertices at (0,0), (3,0),(3,3) and (0,3) into a diamond with vertices at (1,0),(0,1),(1,2) and (2,1). They...

Answered: 1 week ago

Question

★★★★★

1. Is the communication company- focused or consumer- focused?

Answered: 1 week ago

Question

★★★★★

Two hundred kilograms per hour of an aqueous solution containing 20.0mole% sodium acetate (NaC2H3O2) enters an evaporative crystallizer at 60C. When the solution is exposed to the low pressure in the...

Answered: 1 week ago

Question

★★★★★

Which of the following is NOT necessary in order for a corporation to pay a cash dividend? Question 1 1 options: Declaration of dividends by the board of directors Adequate cash Retained earnings...

Answered: 1 week ago

Question

★★★★★

Which of the following is not one of the competitive forces of Porter's model? Group of answer choices Suppliers Other competitors External environment Customers

Answered: 1 week ago

Question

★★★★★

4. 4.1. A firm manufactures self-assembling furniture for iFurniture. The manufacturer aims to reduce the cost of returned orders (i.e., the external cost of quality) through better quality...

Answered: 1 week ago

Question

★★★★★

Epicenter Laundry UNADJUSTED TRIAL BALANCE June 30, 20Y6 ACCOUNT TITLE DEBIT CREDIT Cash 11,000.00 2 Laundry Supplies 26,500.00 3 Prepaid Insurance 9,600.00 Laundry Equipment 232,600.00 5 Accumulated...

Answered: 1 week ago

Question

★★★★★

1. A random draw lottery has sold $52 000 000 worth of tickets, with each ticket sold for $5.00. The prizes and their frequencies are shown in the following table. a) Copy and complete this table...

Answered: 1 week ago

Question

★★★★★

A rectangular raft of thickness 43 cm and mass 114 kg floats in water. The submerged depth is 21 cm. How much mass do you need to remove from the raft to have a submerged depth of 15 cm? Give your...

Answered: 1 week ago

Question

★★★★★

Deluxe Limited undertook a contract for Rs 5,00,000 on 1st July 1997. On 30th June 1998 when the accounts were closed, the following details about the contract were gathered: Rs Rs Materials...

Answered: 1 week ago

Previous Question Next Question