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37 q. I need answer ASAP! The...

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Accounting

37 q.

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I need answer ASAP!

The charter of a corporation provides for the issuance of 91,943 shares of common stock. Assume that 38,695 shares were originally issued and 3,692 were subsequently reacquired. What is the amount of cash dividends to be paid if a $2 per share dividend is declared? Oa. $91,943 Ob. $3,692 Oc. $70,006 Od. $38,695

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