Movie Quiz Contest - Stanford University
100 CURRENT LIABILITIES. 50 OTHER CURRENT ASSETS. 350 LONG TERM LIABILITIES. 800 FIXED ASSETS. 1550 RETAINED EARNINGS CCIP. 1000 CAPITAL STOCK . 250 TOTAL ASSETS. 2000 TOTAL LIABILITIES. 2000 If this is a NY corps can it pay a dividend of 25? Yes; cash can cover assets even after dividend is paid so have 450 – 50 – 25 = positive number ................
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