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Title: Good Times Corporation has a $60,000 accumulated E&P balance at the beginning of the year and ... Post by: Mandarini on Feb 14, 2017 Good Times Corporation has a $60,000 accumulated E&P balance at the beginning of the year and incurs a $100,000 deficit during the year. Because of its poor operating performance, Good Times pays only three of its usual $10,000 quarterly dividend payments to its sole shareholder: those ordinarily paid March 31, June 30, and September 30. How are the March 31, June 30, and September 30 payments of $10,000 treated?
A) dividend; dividend; return of capital B) dividend; return of capital; return of capital C) return of capital; dividend; dividend D) return of capital; return of capital; dividend Title: Re: Good Times Corporation has a $60,000 accumulated E&P balance at the beginning of the year ... Post by: genflynn on Feb 14, 2017 Content hidden
Title: Re: Good Times Corporation has a $60,000 accumulated E&P balance at the beginning of the year and ... Post by: Mandarini on Jul 15, 2017 Definitely recommend this tutor and website!
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