Ask Question
12 April, 18:24

Which one of the following is not necessary in order for a corporation to pay a cash dividend?

a. Approval of stockholders

b. Adequate cash

c. Declaration of dividends by the board of directors

d. Retained earnings

+5
Answers (1)
  1. 12 April, 21:01
    0
    a) Approval of stockholders

    Explanation:

    a) Approval of stockholders

    dividend is a payment which is paid to the investor or stockholder in the form of assets, stocks, or in cash. the total amount paid to the stockholder is according the percentage of ownership as stock and reason for giving cash dividend is to give return for their investment in company.

    The total procedure for paying cash dividend is totally based on corporate law of that particular state in which your stock is invested.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Which one of the following is not necessary in order for a corporation to pay a cash dividend? a. Approval of stockholders b. Adequate cash ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers