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MC Qu. 66 A company s board of directors votes ... A company's board of directors votes to declare a cash dividend of $.75 per
MC Qu. 66 A company s board of directors votes ...
| A company's board of directors votes to declare a cash dividend of $.75 per share. The company has 25,000 shares authorized, 20,000 issued, and 18,000 shares outstanding. The total amount of the cash dividend is: |
| $1,500 | |
| $5,250 | |
| $13,500 | |
| $15,000 | |
| $18,750 |
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