All of the following are conditions for a cash dividend except a. sufficient cash. b. sufficient...
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All of the following are conditions for a cash dividend except a. sufficient cash. b. sufficient retained earnings." c. positive net income. d. formal action by the board of directors. All of the following are conditions for a cash dividend except a. sufficient cash. b. sufficient retained earnings." c. positive net income. d. formal action by the board of directors.
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Related Book For
Accounting for Governmental and Nonprofit Entities
ISBN: ?978-0073379609
15th Edition
Authors: Earl R. Wilson, Jacqueline L Reck, Susan C Kattelus
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