Final answer:
The maximum dividend WA corp can pay depends on retained earnings, the company's financial statements, the dividend policy, and legal restrictions.
Step-by-step explanation:
The subject of the question is related to the calculation of the maximum dividend that WA corp (a fictional company) can pay out. To determine this, one would need to look at the company's financial statements, specifically the retained earnings, which represent the cumulative amount of profit kept in the company after dividends are paid. If a company has positive retained earnings, it generally has the capacity to pay out dividends. The maximum dividend is influenced by the company's current earnings, dividend policy, legal restrictions, and its need to retain earnings for future growth.
It is also essential to understand that the corporation's board of directors typically decides on the dividend payment, taking into account the company's financial health, future investment plans, and the potential impact on the stock market.