Library / Corporate Finance Principles Framework
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Source changed 2026-10-03 02:22:15 UTC · snapshot created 2026-10-03 03:38:22 UTC · last check 2026-10-03 03:55:20 UTC

FIN.21:0 - Use this when

The corporation has apparent surplus capital and must decide whether to retain it, pay a dividend or repurchase ownership interests. Establish what is distributable and useful to retain before selecting an amount and form. A routine payment under a sufficient existing decision can go directly to FIN.15.