Question
On March 1, the board of directors declared a cash dividend of $0.70 per common share to shareholders of record on March 10, payable March
On March 1, the board of directors declared a cash dividend of $0.70 per common share to shareholders of record on March 10, payable March 31. There were 134,000 shares issued and outstanding on March 1 and no additional shares had been issued during the month.
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Fundamental Accounting Principles Volume II
Authors: Larson Kermit, Jensen Tilly
14th Canadian Edition
71051570, 0-07-105150-3, 978-0071051576, 978-0-07-10515, 978-1259066511
