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shusha [124]
3 years ago
9

A company's board of directors votes to declare a cash dividend of $1.65 per share of common stock. The company has 33,000 share

s authorized, 28,000 issued, and 27,500 shares outstanding. The total amount of the cash dividend is: Multiple Choice
a.$54,450.
b.$91,575.
c.$53,450.
d.$46,200.
e.$45,375.
Business
1 answer:
umka21 [38]3 years ago
4 0

Answer:

E) $45,375

Explanation:

This is because Authorized shares are the total shares that the company can issue.

There is a difference between issued and outstanding shares of 500 shares, this may be because these shares are currently held by the company itself and thus dividends are payable only on outstanding shares

This gives us 27,500 * 1.65 = $43,375

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3 years ago
When the required return is equal to the coupon rate, the bond value is▼equal togreater thanless thanthe par value. In contrast
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1) Answer: When the required return is equal to the coupon rate, the bond value is equal to the par value,

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Explanation:

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3 years ago
Product focused processes: allow more customization, but are not very efficient. are desirable because resource needs increase s
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Answer:

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Explanation:

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Answer:

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