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Andrew's Corporation has 25,000 common shares authorized and 20000 shares were issued and outstanding at year end during the year the corporation's net income after
Andrew's Corporation has 25,000 common shares authorized and 20000 shares were issued and outstanding at year end during the year the corporation's net income after taxes was $50,000 the policy of the corporation has been to declare dividends equal to 15% of its net income what is the pressure amount to be distributed to the common stockholders
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