Which of the following represents a valid reason for issuing a share dividend: a. Directors use share

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Which of the following represents a valid reason for issuing a share dividend:

a. Directors use share dividends to keep the market price of shares affordable

b. Issuing share dividends conserves cash for the business to be used in growing the business or other pertinent opportunities

c. Provides evidence of management’s confidence that the company is doing well

d. All of the above.

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Fundamental Accounting Principles Volume II

ISBN: 978-1260305838

16th Canadian edition

Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann

Question Posted: Dec 18, 2019 04:27 AM

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Which of the following represents a valid reason for issuing a share dividend: a. Directors use share

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Fundamental Accounting Principles Volume II

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