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  3. a company paid a cash dividend of $0.44 per share

A company paid a cash dividend of $0.44 per share during the current year, and...

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Accounting

A company paid a cash dividend of $0.44 per share during the current year, and reported 18,000 shares of common stock issued, and 2,000 common shares in treasury stock during the current year. The year-end market price per share was $27.50. Calculate the total amount of cash dividends paid.

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