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Calculate the total amount of a cash dividend of $0.15 per share.

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Question

Common stock balance sheet disclosure;The balance sheet caption for common stock is the following;Common stock, $5 par value, 2,000,000 shares authorized, 1,400,000 shares issued, 1,250,000 shares outstanding $???;a. Calculate the dollar amount that will appear in the caption above.;b. Calculate the total amount of a cash dividend of $0.15 per share.;c. What accounts for the difference between the issued shares and outstanding shares?

 

Paper#23999 | Written in 18-Jul-2015

Price : $27
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