Which of the following conditions is necessary for a company to pay cash dividends? (a) Dividends must

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Which of the following conditions is necessary for a company to pay cash dividends?

(a) Dividends must be paid from retained earnings.

(b) The company must pay the cash dividend at least once a year.

(c) After paying the dividend, the company must be able to pay its other debts, i.e. the company must be solvent.

(d) All of the above.

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