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The charter of a corporation provides for the issuance of 100,000 shares of common stock. Assume t subsequently reacquired. What is the amount of cash

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The charter of a corporation provides for the issuance of 100,000 shares of common stock. Assume t subsequently reacquired. What is the amount of cash dividends to be paid if $2 per share dividend is declared? a. $ 60,000 b. $100,000 c. $ 20,000 d. $ 120,000

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