The balance sheet caption for common stock is the following: Common stock, $4 par...
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Accounting
The balance sheet caption for common stock is the following: Common stock, $ par value, shares authorized, shares $ issued, shares outstanding issued, shares outstanding Required: a Calculate the dollar amount that will be presented opposite this caption. b Calculate the total amount of a cash dividend of $ per share. c What accounts for the difference between issued shares and outstanding shares?
The balance sheet caption for common stock is the following:
Common stock, $ par value, shares authorized, shares $ issued, shares outstanding
issued, shares outstanding
Required:
a Calculate the dollar amount that will be presented opposite this caption.
b Calculate the total amount of a cash dividend of $ per share.
c What accounts for the difference between issued shares and outstanding shares?
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