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Chapter 11 Corporate Dividends

Across
Sheet test to determine if assets exceed liabilities.
A form of dividend payment not in cash or property.
Distribution to shareholders out of proceeds of dissolution.
Opposite of stock split, which reduces number of outstanding shares.
A form of dividend not in cash.
The state of being able to pay debts as they become due.
Payments to shareholders from any source other than profits.
Without the right to receive a declared dividend.
Down
Exchange of cash for shares(duh).
Shareholders using dividends to purchase more shares.
A form of test to determine whether a corporation has funds to pay a dividend.
Stock reacquired by a corporation, considered issued but not outstanding.
An amount of value in which assets are greater than stated capital.
Payment to shareholders out of profits.
Net profits accumulated by a corporation.
One form of a corporation's distribution