Which One of the Following Is an Example of a Liquidating

question 85

Multiple Choice

Which one of the following is an example of a liquidating dividend?

• A)Valley Feed Mills recently sold its grain storage facility and is distributing the proceeds of that sale to its shareholders.
• B)Kate's Winery has excess cash that it wishes to distribute to its shareholders in addition to its normal cash dividend. This extra distribution usually occurs about once every year.
• C)Kurt's Music is planning to increase its quarterly dividend by 3 percent.
• D)The Dried Florist is preparing to pay its first annual dividend of $0.08 per share.
• E)Hi Tek had an extraordinarily profitable year and has decided to do a one-time only $10 per share cash dividend.

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Definitions:

ControlLogic (CLX) Controller

A type of programmable logic controller (PLC) used in industrial applications for automation and control.

Fixed Areas

Predefined sections in memory or on a display screen reserved for specific information or control elements.

Controller Scope Tag

An identifier used in automation and control systems to uniquely name and access a variable or tag within the scope of a controller.