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can you help me with my accounting problem?

im having trouble with it

A company's board of directors votes to declare a cash dividend of $.75 per share. The company has 25,000 shares authorized, 21,000 issued, and 18,900 shares outstanding. The total amount of the cash dividend is:

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  • 6 years ago
    Favorite Answer

    Dividends are only paid on the outstanding shares.

    18900 x 0.75 = 14175

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