Which of the Following Is Eligible for Dividends

question 46

Multiple Choice

Which of the following is eligible for dividends?

• A) The number of shares issued.
• B) The number of shares outstanding.
• C) The number of shares of authorized.
• D) The number of treasury shares.

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Definitions:

Negotiating

Negotiating involves discussing terms and conditions with the goal of reaching an agreement or compromise on matters of business, trade, or interpersonal issues.

Dishonored

A term referring to a financial instrument, such as a check, that has been refused payment by the bank upon presentation.

Indorse

To sign the back of a financial instrument, thus transferring ownership or to endorse it.

Obligation

An obligation, either ethical or legal, to carry out or avoid a particular action.