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Question: A company’s board of directors votes to declare a cash dividend of 75 per share. The company has…
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Show transcribed image text A company's board of directors votes to declare a cash dividend of 75 per share. The company has 15,000 shares authorized, 10,000 issued, and9, 500 shares outstanding. The total amount of the cash dividend is: A. 375. B. $4, 125. C. 7, 125. D. 7, 500. E. $11, 250. A company declared a $0.50 per share cash dividend. The company has 20,000 shares authorized, 9,000 shares issued, and 8,000 shares of common stock outstanding. The journal the dividend declaration is:

A company's board of directors votes to declare a cash dividend of 75 per share. The company has 15,000 shares authorized, 10,000 issued, and9, 500 shares outstanding. The total amount of the cash dividend is: A. 375. B. $4, 125. C. 7, 125. D. 7, 500. E. $11, 250. A company declared a $0.50 per share cash dividend. The company has 20,000 shares authorized, 9,000 shares issued, and 8,000 shares of common stock outstanding. The journal the dividend declaration is:

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