Utilization of net income
Abstract
In the management of every corporation the question of dividends is a perennial one, recurring regularly at periods varying from three months to a year, according to the practice of the particular corporation. The question is, whether dividends shall be declared, that is, whether any of the receipts of the company shall be divided among the owners of the business, and if so, how large an amount shall be thus distributed.
This paper has been withdrawn.