Multiple Choice
When a corporation decides whether to pay a cash dividend, which of the following is an important consideration?
A) The balances in the corporation's cash and retained earnings accounts.
B) The number of authorized shares of the corporation's stock.
C) The book value of the corporation's stock.
D) The balance of paid-in capital in excess of par on the corporation's stock accounts.
Correct Answer:
Answered by ExamLex AI
Correct Answer:
Answered by ExamLex AI
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