On January 2, 2011 the board of directors of Gimli Mining Corporation declared a cash dividend of $1,200,000 to stockholders of record on January 18, 2011, and payable on February 10, 2011. The dividend is permissible by law in Gimli's state of incorporation. Selected data from Gimli's December 31, 2010, balance sheet follow:
The $1,200,000 dividend includes a liquidating dividend of
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Restructuring
A reorganization of a problem that can facilitate its solution; a characteristic of creative thought.
Reorganizing
The process of arranging or structuring something again or differently, often to improve efficiency or clarity.
Problem
A situation, question, or matter that needs to be solved or resolved through thought, discussion, or action.
Analogy
A cognitive process of transferring information or meaning from a particular subject (the analogue or source) to another (the target), also a linguistic expression corresponding to such a process.
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