The asset that the board decides to distribute as a dividend must be sufficiently divisible. Because like dividend it needs to be distributed to the shareholders in the ratio of their ownership. So before taking such a decision the company needs to ensure that the asset is divisible and distrib...
Dividend Distributions 70 648 1,458 2,592 4,050 Retained Earnings 70 648 1,458 2,592 4,050 Assumptions % Cost of Goods Sold 18% % Selling Expenses 12% % General & Administrative 18% % Tax Provision 40% Dividends - of NATP 50% Advertising -1996 40% Advertising - all ...
The declaration of a cash dividend decreases a corporation's stockholder's equity and decreases its assets. True or False? Bonus depreciation cannot be taken on a property used 50% or less for business. a) True b) False Answer true or false...