Question
Netpass Company has 100,000 shares of common stock authorized, 90,000 shares issued, and 40,000 shares of treasury stock. The companys board of directors declares a
Netpass Company has 100,000 shares of common stock authorized, 90,000 shares issued, and 40,000 shares of treasury stock. The companys board of directors declares a dividend of $0.85 per share of common stock. What is the total amount of the dividend that will be paid?
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Principles Of Auditing And Other Assurance Services
Authors: Ray Whittington, Kurt Pany
13th Edition
007232726X, 9780072327267
