Business, 10.03.2020 09:10 bellabrill

A company's board of directors votes to declare a cash dividend of $.80 per share of common stock. The company has 16,000 shares authorized, 11,000 issued, and 10,500 shares outstanding. The total amount of the cash dividend is:

a. $11,800.
b. $12,800.
c. $8,400.
d. $17,200.
e. $8,800.

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A company's board of directors votes to declare a cash dividend of $.80 per share of common stock. T...

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