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Profit which the Directors consider to be distributed to shareholders as Dividend after making provision for past losses, reserves and for other purpose is known as:
Final Dividend
Interim Dividend
Divisible Profit
Proposed Dividend
None of the above
All the profits of a company cannot be said to be divisible profits. Only those profits which can legally be distributed to the shareholders of the company in form of dividend are called divisible profits. Divisible profits means profits which the directors considered should be distributed after making provision for past losses , reserves and for other purpose.
By: Vikas Goyal ProfileResourcesReport error
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