Which of the Following Determines When to Declare Dividends and in What

question 2

Multiple Choice

Which of the following determines when to declare dividends and in what amount?

• A) The stockholders
• B) The officers of the corporation
• C) The board of directors
• D) The state in which the corporation was chartered

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Definitions:

Dog Kennels

Structures or shelters for housing dogs, can be residential for private use or commercial for boarding.

Opportunity Cost

Opportunity cost represents the benefits an individual, investor, or business misses out on when choosing one alternative over another.

Sports Bar

A bar or tavern that provides a venue for people to watch sporting events, often equipped with multiple large-screen televisions.

Normal Return

The minimum profit needed by investors to justify the capital invested in a business venture, often equated to the opportunity cost.