What recourse would westmark industries shareholders have, Financial Accounting

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What recourse would westmark industries shareholders have

Problem

Explain the extent of obligation of Westmark Industries to make payment of the March dividend / cash outflow payment. What recourse would Westmark Industries shareholders have if management opted not to make the March dividend payments? As the CFO, why would you /would not /make the dividend payment? To what extent might your job be in jeopardy?

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Financial Accounting: What recourse would westmark industries shareholders have

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Financial Accounting: What recourse would westmark industries shareholders have

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