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Fastow Electronics had the following stockholders' equity balances from their 2018 yearend balance sheet 500.000 Common stock 510 per value. 120,000 shares authorized Shareswed. 2.500
Fastow Electronics had the following stockholders' equity balances from their 2018 yearend balance sheet 500.000 Common stock 510 per value. 120,000 shares authorized Shareswed. 2.500 slures in treasury Paid in capital in excess of par Retained caming Less cost of treasury stack Total stockholders equity 75.000 150.000 (25000) $700.000 What is the amount of cash dividends to be paid if a $1 per share dividend is declared? $52.500 $120,000 $2.500 $50,000 $47.500
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