A dividend is a pro rata distribution of retained earnings. Explain what pro rata means.

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A dividend is a “pro rata” distribution of retained earnings. Explain what “pro rata” means.

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Accounting Principles Volume 2

ISBN: 9781119786634

9th Canadian Edition

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak

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