the board of directors of testa incorporated has decided that they would like to declare a $400,000 cash dividend at some point in the near future. the company currently has retained earnings of $2,419,000 and a cash balance of $827,000. they also have current liabilities totaling $436,000. what is missing in order for testa to be able to pay a cash dividend? approval of the executives approval of the investors adequate retained earnings a healthy cash reserve
