The board of directors of a company votes to declare a cash dividend of $1.45 per common

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The board of directors of a company votes to declare a cash dividend of $1.45 per common share. The company has 29,000 authorized shares, 24,000 issued and 23,500 outstanding shares.

Find the total amount of the cash dividend.

Related Book For answer-question

Understanding Financial Accounting

ISBN: 9781119715474

3rd Canadian Edition

Authors: Christopher D. Burnley

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Posted Date: Jul 15, 2023 04:38 AM

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The board of directors of a company votes to declare a cash dividend of $1.45 per common

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Understanding Financial Accounting

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