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Netpass Company has 400,000 shares of common stock authorized, 360,000 shares issued, and 160,000 shares of treasury stock. The company's board of directors declares a

image text in transcribed Netpass Company has 400,000 shares of common stock authorized, 360,000 shares issued, and 160,000 shares of treasury stock. The company's board of directors declares a dividend of $2.00 per share of common stock. What is the total amount of the dividend that will be pald

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