ESSENTIAL OF CORP FINANCE W/CONNECT
ESSENTIAL OF CORP FINANCE W/CONNECT
8th Edition
ISBN: 9781259903175
Author: Ross
Publisher: MCG CUSTOM
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Chapter 14.1, Problem 14.1BCQ
Summary Introduction

To discuss: The mechanics of the cash dividend payments.

Introduction:

Payment made to the shareholders in the mode of cash through electronic transfer or through check is termed as cash dividend. Cash dividend affects the balance sheet but there are no effects on the income statement. It is the taxable income to the shareholders.

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