Filch & Norris Company have 100,000 shares authorized with 35,000 shares issued and 25,000 shares outstanding, On December 1 the company declares a $2 per share cash dividend to shareholders as of December 16 to be paid out on December 31. The amount of cash dividends to be paid out will be: O $20,000 $50,000 $200,000 $70,000 Question 30 2pt Umbridge Corporation has total stockholders' equity of $11,000,000. This balance is composed of retained earnings of $9,000,000 and paid-in capital of $2,000,000. The paid-in capital consists of 1,200,000 shares issued and 1,000,000 shares outstanding at their par value of $2. On January 1, the company declares a 10% stock dividend when the market price is $12 per share. After the stock dividend, the company's total stockholders' equity will be: O $11,120,000 $9,800,000 There is no such thing as stockholders' equity O $11,000,000