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A company is not legally required to have audited results to pay an interim dividend; however, it must ensure that it has sufficient profits and cash flow to support the distribution. The decision to pay an interim dividend is typically made by the board of directors, who may consider unaudited financial statements for this purpose. Nevertheless, companies may choose to conduct internal reviews or seek limited assurance to ensure financial stability before declaring dividends.

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1mo ago

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What is the journal entry for stock dividend received?

Stock dividends - These are dividends paid in the form of additional stock of the issuing company to shareholders of record in proportion to their current holdings. A stock dividend does not increase the wealth of the recipient nor does it reduce the net assets of the firm. It is a permanent capitalization of retained earnings to contributed capital. As there is no change in the amount of the stock that;s why stock dividend does not require any entry to be recorded rather it is shown as note.


What is the price of equity capital?

The price of equity capital refers to the return that investors require for investing in a company's equity, typically expressed as a percentage. It reflects the risk associated with owning the stock and can be estimated using models such as the Capital Asset Pricing Model (CAPM) or the Dividend Discount Model (DDM). Factors influencing the price of equity capital include market conditions, company performance, and investor expectations. Essentially, it represents the cost to the company of attracting and retaining equity investors.


What states do not require residents to pay a state income tax?

Alaska, Florida, Nevada, S.Dakota, Texas, Washington, and Wyoming. New Hampshire and Tennessee only tax dividend and interest income. Does that help you? Good luck.


How can I get a copy of my tax records?

The most simple way to get a copy of your tax records is to go to the company you filed with and ask for a copy. By law, in the USA, tax preparation companies have to keep their customers taxes on file for at least 7 years in case the customer is audited (This law may vary by state). If you did not file with a tax preparation company the year of the record you require, or can't remember where you filed, then you'll have to contact your local IRS branch for a copy. This may take 6-8 weeks if the IRS is open (from January 1st until April 15th) and may take double that amount of time if the IRS is no longer accepting tax return information.


Why do some companies require an information security audit?

Companies require an information security audit to ensure the security is adequate. Also, the audit allows the company to decide if money is being spent properly on security.

Related Questions

8 What is the maximum dividend a company can pay in any one year?

The maximum dividend a company can pay in any one year is generally determined by its retained earnings and available cash flow. Companies are typically limited to distributing only what they can afford without jeopardizing their financial stability. Additionally, legal restrictions may apply, as some jurisdictions require companies to maintain a minimum level of equity before declaring dividends. Ultimately, the board of directors decides the dividend amount based on these financial constraints and the company’s overall strategy.


What is the journal entry for stock dividend received?

Stock dividends - These are dividends paid in the form of additional stock of the issuing company to shareholders of record in proportion to their current holdings. A stock dividend does not increase the wealth of the recipient nor does it reduce the net assets of the firm. It is a permanent capitalization of retained earnings to contributed capital. As there is no change in the amount of the stock that;s why stock dividend does not require any entry to be recorded rather it is shown as note.


What is the process for obtaining an interim transcript from the university?

To obtain an interim transcript from the university, you typically need to submit a request to the registrar's office. This request may require filling out a form, providing identification, and possibly paying a fee. The interim transcript is a temporary record of your academic progress until your official transcript is available.


A company expects to grow its dividend by 2 percent each year forever The expected dividend in year 1 is 1.00 Investors require a 6 percent rate of return on this stock What is the new stock price?

Stock price = div/K-gStock price = 1/6%-2%Stock price = 25Div = DividendK = rate of returng = growth rate


What does the Securities Exchange Act require public companies to do?

The act requires publicly held companies to file annual audited financial statements (on Form 10-K) with the SEC.


How often are tax audit helpers needed for the general public?

Tax audit helpers may or may not be required by the general public. One would only require a tax audit helper if one was to be audited by the IRS or CRA depending on what country one is located. When one is audited it can happen a maximum of once a year after taxes are filed.


What are the motives for holding cash?

There could be many reasons for a company wanting to hold cash. They might be in acquisition mode and be negotiating to buy equipment or other companies. The company may require the cash for cash flow purposes in the near future. The company may have plans to pay the cash out as a dividend in the near future. Holding cash however can be dangerous because in some cases it makes a company vulnerable to a takeover bid, or the company may miss out on investment opportunities that could bring the company additional return.


What are motives for holding cash?

There could be many reasons for a company wanting to hold cash. They might be in acquisition mode and be negotiating to buy equipment or other companies. The company may require the cash for cash flow purposes in the near future. The company may have plans to pay the cash out as a dividend in the near future. Holding cash however can be dangerous because in some cases it makes a company vulnerable to a takeover bid, or the company may miss out on investment opportunities that could bring the company additional return.


Does your company require departmental workplace training?

Yes my company does, and most company's will require departmental workplace training because it will prepare you for what they will be expecting you at that certain business


Can your employer require you to have your picture taken to put in their files or download to the company computer system?

Can your employer require you to have your picture taken to download to the company computer system?


An ordinary share has a current price of 82.50 and is expected to grow at a constant rate of 10 percent If you require a 14 percent rate of return what is the current dividend on this share?

4%


What is the price of equity capital?

The price of equity capital refers to the return that investors require for investing in a company's equity, typically expressed as a percentage. It reflects the risk associated with owning the stock and can be estimated using models such as the Capital Asset Pricing Model (CAPM) or the Dividend Discount Model (DDM). Factors influencing the price of equity capital include market conditions, company performance, and investor expectations. Essentially, it represents the cost to the company of attracting and retaining equity investors.