Is it possible for a company to pay dividends when it has a negative net income for

Question:

Is it possible for a company to pay dividends when it has a negative net income for the year? Could this happen for longer periods?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Essentials Of Corporate Finance

ISBN: 9780073382463

7th Edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

Question Posted: