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Your Corporation had 50,000 shares of $3 par value common stock authorized, 30,000 shares issued and 20,000 shares outstanding, when the board of directors declared
Your Corporation had 50,000 shares of $3 par value common stock authorized, 30,000 shares issued and 20,000 shares outstanding, when the board of directors declared a cash dividend of $2.30 per share. What is the dollar amount of the cash dividend? Group of answer choices $46,000 $90,000 $69,000 $58,000 $60,000
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