A recent annual report for Halliburton Company contained the following information (in millions of dollars): In the
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In the current year, Halliburton declared and paid cash dividends of $1 per share. What would be the total amount of dividends declared and paid if they had been based on the amount of stock outstanding at the end of theyear?
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Stockholders' Equity Common stock, par value $2.50, authorized 2,000 shares Paid-in capital in excess of par Current Year Previous Year $ 298.3 130.5 2,080.8 382.2 $ 298.4 129.9 2,052.3 384.7 Retained earnings Less 12.8 and 13.0 treasury stock, at cost
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