A liquidating dividend is:
A. Only paid in assets other than cash.
B. Only paid in shares of stock.
C. A return of a portion of the original investment back to the stockholders.
D. Only declared when a corporation closes down.
E. Not allowed under federal law.
Answer: C
You might also like to view...
When an investor uses the equity method to account for investments in common stock, the investment account will be increased when the investor recognizes
a. a proportionate share of the net income of the investee. b. a cash dividend received from the investee. c. periodic amortization of an intangible arising from contractual rights acquired in the purchase. d. depreciation related to the excess of market value over book value of the investee's depreciable assets at the date of purchase by the investor.
The use of a doubly nested set of NOT EXISTS SELECT statements is a famous pattern in SQL use
Indicate whether the statement is true or false
The organization responsible for assigning public IP addresses is called ________
A) CERN B) IEEE C) ICANN D) ISO
Copies of archival files and database backups should be stored ____________________-site
Fill in the blank(s) with correct word