Question
A company declared cash dividends of $0.20 per share. If there are 500,000 shares of common stock authorized, 100,000 shares issued, and 80,000 shares outstanding
A company declared cash dividends of $0.20 per share. If there are 500,000 shares of common stock authorized, 100,000 shares issued, and 80,000 shares outstanding at the date of declaration, what is the amount that the company should record for the dividend?
| A. | $20,000 | |
| B. | $800,000 | |
| C. | $4,000 | |
| D. | $16,000 |
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Her Majestys Auditor An Adventure Novel With Steampunk Elements
Authors: Markus Pfeiler
1st Edition
164953339X, 978-1649533395
