Correct the underlined word and rewrite the following sentences.1. The

1.	Correct the underlined word and rewrite the following sentences.1. The dividend is paid to creditors.2. Interest is paid to shareholders.3. The final Dividend is paid between two AGM.4. Special Resolution must be passed to declare the Final Dividend.5. The dividend must be paid within 60 days of its declaration.6. The Dividend to be paid should be transferred to Dividend A/c within 30 days of its declaration.7. The dividend is an obligation to be paid by a company every year.8. Preference shareholders are given the last priority in the payment of dividends.9. Preference shareholders get dividends from residual profits.10. Dividend is payable every year irrespective of profits made by the company.
Answer» 1. The dividend is paid to shareholders. 2. Interest is paid to creditors. 3. Interim Dividend is paid between two AGM. 4. An ordinary resolution must be passed to declare the Final Dividend. 5. The dividend must be paid within 30 days of its declaration. 6. The Dividend to be paid should be transferred to Dividend A/c within 5 days of its declaration 7. Interest is an obligation to be paid by a company every year. 8. Equity shareholders are given the last priority in the payment of dividends. 9. Equity shareholders get dividends from residual profits. 10. Interest is payable every year irrespective of profits made by the company.

Correct the underlined word and rewrite the following sentences.1. The dividend is paid to creditors.2. Interest is paid to shareholders.3. The final Dividend is paid between two AGM.4. Special Resolution must be passed to declare the Final Dividend.5. The dividend must be paid within 60 days of its declaration.6. The Dividend to be paid should be transferred to Dividend A/c within 30 days of its declaration.7. The dividend is an obligation to be paid by a company every year.8. Preference shareholders are given the last priority in the payment of dividends.9. Preference shareholders get dividends from residual profits.10. Dividend is payable every year irrespective of profits made by the company.

Answer»

1. The dividend is paid to shareholders.

2. Interest is paid to creditors.

3. Interim Dividend is paid between two AGM.

4. An ordinary resolution must be passed to declare the Final Dividend.

5. The dividend must be paid within 30 days of its declaration.

6. The Dividend to be paid should be transferred to Dividend A/c within 5 days of its declaration

7. Interest is an obligation to be paid by a company every year.

8. Equity shareholders are given the last priority in the payment of dividends.

9. Equity shareholders get dividends from residual profits.

10. Interest is payable every year irrespective of profits made by the company.