Friday, March 1, 2019

Cash dividends are paid on the basis of the number of shares

Cash dividends are paid on the basis of the number of shares



a. authorized.
b. issued.
c. outstanding.
d. outstanding less the number of treasury shares.


Answer: outstanding

No comments:

Post a Comment

Assuming a current ratio of 1.2 and an acid-test ratio of 0.80, how will the purchase of inventory with cash affect each ratio?

Assuming a current ratio of 1.2 and an acid-test ratio of 0.80, how will the purchase of inventory with cash affect each ratio? A) Increase ...