How do you figure the largest amount of cash dividend a company can pay based on the balance sheet for year 2?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter12: The Cost Of Capital
Section: Chapter Questions
Problem 5QTD
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How do you figure the largest amount of cash dividend a company can pay based on the balance sheet for year 2?

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