Accounting: What the Numbers Mean
Accounting: What the Numbers Mean
12th Edition
ISBN: 9781308841380
Author: David H. Marshall, Wayne W. McManus, Daniel F. Viele
Publisher: McGraw Hill
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Chapter 8, Problem 8.17E
To determine

Concept Introduction:

The dividend for any company is paid out of the profit which the company has earned throughout the period. The final authority of declaring the dividend remains with the board who ultimately decides the quantum for dividend to be paid. Apart of earning s, there are certain other factors as well, which finalize the dividend payment.

To Indicate:

The factors that determine whether the board can declare a dividend

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