Each year, shareholders always receive a dividend equal to the firm's net earnings divided by the number of ordinary shares outstanding.

Name: Each year, shareholders always receive a dividend equal to the firm's net earnings divided by the number of ordinary shares outstanding.
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Question

Quizplus · Accepted Answer

The dividend amount is determined by the board of directors and may not necessarily be equal to the firm's net earnings divided by the number of ordinary shares outstanding.

Each Year, Shareholders Always Receive a Dividend Equal to the Firm's