Question
ABC Corporation declared the regular quarterly dividend of $2 per share. ABC had issued 12,000 shares and subsequently reacquired 2,000 shares as treasury stock. What
ABC Corporation declared the regular quarterly dividend of $2 per share. ABC had issued 12,000 shares and subsequently reacquired 2,000 shares as treasury stock. What would be the total amount of the dividend?
| $24,000. |
| $28,000. |
| $20,000. |
| $4,000. |
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Financial Accounting An Introduction To Concepts Methods And Uses
Authors: Sidney Davidson, Roman L. Weil, Clyde P. Stickney
2nd Edition
0030452961, 978-0030452963
