(Please show work) A company's board of directors votes to declare a cash dividend of...
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Accounting
(Please show work)
A company's board of directors votes to declare a cash dividend of $.91 per share. The company has 16,000 shares authorized, 14,000 issued, and 13,800 shares outstanding. The total amount of the cash dividend is:
$2,002
$12,740
$12,543
$14,560
$12,558
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