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What conditions must be fulfilled before a company can declare a dividend out of accumulated profits?a)The dividend must not exceed the average of the rates of the previous three yearsb)The dividend cannot be declared if the company incurred losses in the previous yearc)The dividend must be less than 10% of the paid-up share capitald)The dividend can only be declared if the company's reserves exceed 15% of its share capitalCorrect answer is option 'A'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What conditions must be fulfilled before a company can declare a dividend out of accumulated profits?a)The dividend must not exceed the average of the rates of the previous three yearsb)The dividend cannot be declared if the company incurred losses in the previous yearc)The dividend must be less than 10% of the paid-up share capitald)The dividend can only be declared if the company's reserves exceed 15% of its share capitalCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What conditions must be fulfilled before a company can declare a dividend out of accumulated profits?a)The dividend must not exceed the average of the rates of the previous three yearsb)The dividend cannot be declared if the company incurred losses in the previous yearc)The dividend must be less than 10% of the paid-up share capitald)The dividend can only be declared if the company's reserves exceed 15% of its share capitalCorrect answer is option 'A'. Can you explain this answer?.

Solutions for What conditions must be fulfilled before a company can declare a dividend out of accumulated profits?a)The dividend must not exceed the average of the rates of the previous three yearsb)The dividend cannot be declared if the company incurred losses in the previous yearc)The dividend must be less than 10% of the paid-up share capitald)The dividend can only be declared if the company's reserves exceed 15% of its share capitalCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for B Com. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free.

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