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Determining the Amount of a Dividend Netpass Company has 300,000 shares of common stock authorized, 270,000 shares issued, and 100,000 shares of treasury stock. The

Determining the Amount of a Dividend

Netpass Company has 300,000 shares of common stock authorized, 270,000 shares issued, and 100,000 shares of treasury stock. The companys board of directors declares a dividend of $1 dollar per share of common stock. What is the total amount of the dividend that will be paid?

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