Accountıng Iı Deneme Sınavı Sorusu #1074195

I. Sufficient retained earnings
II. Adequate cash
III. Declared dividends by the board of directors

Which of the conditions above is/are necessary to pay cash dividends?


Only I

Only II

I and II

II and III

I, II and III


Yanıt Açıklaması:

If a corporation wants to pay cash dividends, three conditions required are as follows:


1. Sufficient retained earnings
2. Adequate cash
3. Declared dividends by the board of directors

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