Question
Netpass Company has 950,000 shares of common stock authorized, 855,000 shares issued, & 380,000 shares of treasury stock. The company's board of directors declares a
Netpass Company has 950,000 shares of common stock authorized, 855,000 shares issued, & 380,000 shares of treasury stock. The company's board of directors declares a dividend 0f $1.30 per share of common stock. What is the total amount of the dividend that will be paid?
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Financial and Managerial Accounting
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
11th Edition
9780538480901, 9781111525774, 538480890, 538480904, 1111525773, 978-0538480895
