1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
stiv31 [10]
2 years ago
7

A company's board of directors votes to declare a cash dividend of $1.55 per share of common stock. The company has 31,000 share

s authorized, 26,000 issued, and 25,500 shares outstanding. The total amount of the cash dividend is:
$40,300.
$47,050.
$48,050.
$79,825.
$39,525.
Business
1 answer:
Viktor [21]2 years ago
8 0

Answer:

Total Amount of Cash Dividend = $39,525

Explanation:

We have the following details,

Issued shares are the number of shares issued by the company, it includes treasury stock that is shares purchased back by the company.

Outstanding shares = Issued shares - Treasury stock

Treasury stock does not have any right of dividend, as the shares are held by company itself, it will not pay dividend to itself.

Thus dividend to be paid = 25,500 \times $1.55 per share = $39,525

Authorized shares just represent the number of maximum shares a company can issue.

Total Amount of Cash Dividend = $39,525

You might be interested in
traci budgeted $770 for fixed expenses and $530 for living expenses per month. She has no annual expenses. Her annual net income
Nuetrik [128]

ANSWER: Surplus by $1,152

EXPLANATION: Traci had a budget of $770 for fixed expense and $530 for living expenses per month which adds up to $1,300 expenses per month. Since she has no annual expense, her yearly total expense would be $15,600.

Traci earns $16,752 so by subtracting her expense from income, we get $16,752 - $15,600 = $1,152

7 0
3 years ago
Read 2 more answers
Heath's company is currently producing 50 units of output. the price of the good is $5 per unit. total fixed costs are $30 and t
kirza4 [7]
Given that <span>Heath's company is currently producing 50 units of output. the price of the good is $5 per unit. total fixed costs are $30 and the average variable cost is $8 at 50 units. this company: </span><span>is experiencing an economic profit of $40.</span>
6 0
3 years ago
An Amazon seller is deciding which of their products to invest in for the next quarter to maximize their profits. They have each
Aleksandr [31]

This question is about the sales strategy for online selling portal Amazon.

An Amazon seller is identifying strategy to revive its declining sales. The seller wants to maximize its revenue by adopting optimum product mix for next quarter.

The maximum profit can be calculated using the following :

maxProfit (k , profit): n = len(profit) rotate = n // 2

windowSum = float('-inf') iterator = 0

Conclusion: The products which are showing positive trend in the market should be placed visible for the next quarter. The products products profit is estimated to be equal to cost to invest which the price of product plus its launching expense.

Formula: The maximum profit a seller can achieve through this strategy is (k , profit):

n = len(profit) rotate.

Learn more Business at brainly.com/question/26144002

8 0
2 years ago
Which days can be selected as the first day of the week for a calendar?
Dovator [93]
Sunday or Monday, depending on what loacation.
6 0
3 years ago
Globalization of Market is taking place because of ___________.
ozzi
Because it involves the growing in third dependency among. The Konomi‘s of the world; mold to national nature of sourcing, manufacturing, trading and investment activities increasing frequency of cross-border.
7 0
2 years ago
Other questions:
  • Jessica does not believe that the methods and processes for determining salary increases in her company are fair. As per this ex
    13·1 answer
  • Ben works at a top accounting firm in Salt Lake City and his responsibilities include developing reports for each salesperson, p
    11·1 answer
  • One of Haley's best workers wants to work from 7 a.m. to 3 p.m. instead of the regular 9 a.m. to 5 p.m. shift for the next two w
    7·1 answer
  • A supervisor who wants to measure the performance of his current employees will probably not use
    7·2 answers
  • Kraft, Inc. sponsors a defined-benefit pension plan. The following data relates to the operation of the plan for the year 2013.
    14·1 answer
  • An inventory that asks about how one would act with others in a variety of situations is a(n) ______ inventory.
    10·1 answer
  • Which shift in the demand curve most likely to describe a company in a monopolistically competitive market that begins to spend
    11·1 answer
  • Affan Chawdry has monthly net income of $1,050. He has a house payment of $450 per month, a car loan with payments of $375 per m
    10·1 answer
  • A restaurant is a workplace for someone whose career specialty is in
    13·1 answer
  • Straight-Line: Amortization of bond discount LO P2 Skip to question [The following information applies to the questions displaye
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!