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wel
3 years ago
6

Jay-cee corporation had 20,000 shares of $4 par value common stock outstanding on january 1. on january 20, the company purchase

d 2,000 of its stock for $16 per share. on july 3, the company reissued 1,000 of the shares at $20 per share. jay-cee uses the cost method to account for its treasury stock. assume the company paid a dividend of $5 per share on august 3. what is the total amount of the dividends that would be paid to the common stockholders?
Business
1 answer:
Tatiana [17]3 years ago
3 0
19000 x 5 = $95,000 total to common
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Answer: $32.05

Explanation:

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We will then slot in the values and.this will be:

= 3% + 0.7 × (10% - 3%)

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3 years ago
hich of these is the definition of client business risk? a. Risks affecting the business operations and potential outcomes of an
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I really hope this answer helps you out! It makes my day helping people like you and giving back to the community that has helped me through school! If you could do me a favor, if this helped you and this is the very best answer and you understand that all of my answers are legit and top notch. Please mark as brainliest! Thanks and have a awesome day!

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5 0
4 years ago
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devlian [24]

Answer:

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Explanation:

The computation of the number of units should be produced is as follows:

Units to be produced is

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= 23,000 units + 18,000 units - 15,000 units

= 26,000 units

Hence, the  number of units should be produced is 26,000 units

4 0
3 years ago
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