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The charter of a corporation provides for the issuance of 97,044 shares of common stock. Assume that 35,104 shares were originally issued and 3,634 were
The charter of a corporation provides for the issuance of 97,044 shares of common stock. Assume that 35,104 shares were originally issued and 3,634 were subsequently reacquired. What is the amount of cash dividends to be paid if a $2-per- share dividend is declared? Oa. $97,044 Ob. $35,104 Oc. $62,940 Od. $3,634
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