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The charter of a corporation provides for the issuance of 102,303 shares of common stock. Assume that 44,892 shares were originally issued and 4,807 were
The charter of a corporation provides for the issuance of 102,303 shares of common stock. Assume that 44,892 shares were originally issued and 4,807 were subsequently reacquired. What is the amount of cash dividends to be paid if a $2-per-share dividend is declared? a. $80,170 b. $4,807 c. $102,303 d. $44,892
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Weygandt Kimmel Kieso
10th Edition
0470646462, 978-0470646465
