84 - profits of the corporation. A distribution that is not...

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How do “dividends” and “earnings and profits” relate to each other? Answer: A dividend is a distribution to a shareholder that is made from the earnings and
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Unformatted text preview: profits of the corporation. A distribution that is not made from earnings and profits is not a dividend....
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This note was uploaded on 09/16/2011 for the course ACCT 145 taught by Professor Eric during the Spring '11 term at Palm Beach Community College.

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