Nimble Dividends – Typical Application (DGCL § 170(a)) Income Statement: Net Sales$500 COGS$300 Fixed Costs$100 Net Profit$100 Balance Sheet: Current Assets$200Current Liabilities$200 PP&E$200Long-Term Debt$300 Stated Capital$100 Retained Earnings-$200 Total Assets$400Liab + Equity$400 Apply to deficit in retained earnings OR: make distribution to shareholders
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