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Record the declaration of a cash dividend of $ 0 . 4 0 per share to all shares outstanding on January 2 9 . The

Record the declaration of a cash dividend of $0.40 per share to all shares outstanding on January 29. The dividend is payable on February 15.(Hint: Grand Finale Fireworks had 11,000 shares outstanding on January 1,2024 and dividends are not paid on treasury stock.)

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