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Acme, Inc. has 32,000 common shares issued at a $1.25 par value of which 27,600 are outstanding. If Acme has no other outstanding stock, what

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Acme, Inc. has 32,000 common shares issued at a $1.25 par value of which 27,600 are outstanding. If Acme has no other outstanding stock, what size dividend must be paid such that each share receives $2.75 ? $75,900 $12,100 $88,000 hone of these are correct $56,320 Acme, Inc. has 32,000 common shares issued at a $1.25 par value of which 27,600 are outstanding. If Acme has no other outstanding stock, what size dividend must be paid such that each share receives $2.75 ? $75,900 $12,100 $88,000 hone of these are correct $56,320

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