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cash dividend is: Multiple Choice $60,250. $52,500. $104,125. $61,250. $51,625 A company* board of directors votes to declare a cash dividend of $1.75 per share

cash dividend is: Multiple Choice $60,250. $52,500. $104,125. $61,250. $51,625

A company* board of directors votes to declare a cash dividend of $1.75 per share of common stock. The company has 35,000 shares authorized, 30,000 issued, and 29,500 shares outstanding. The total amount of the cash dividend is: Multiple Choice O O O O O $60,250 sszsoo. $104,125. $61,250. SSI,62S.

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