Question: explain how you got the answer Question 1 0/1 There are 250 million authorized shares. Treasury stock is 40 million shares. The number of issued

Question 1 0/1 There are 250 million authorized shares. Treasury stock is 40 million shares. The number of issued shares is 110 million. If a quarterly dividend of $ .25 per share i declared, how much will the corporation out in dividends this quarter? er $17.5 million $27.5 million $25.0 million It cannot be determined from the information provided. $62.5 million The profit for the quarter was $45 million. The number of authorized shares is 150 million. The number of outstanding shares i 80 million. If a quarterly dividend of $.35 per share wa declared and paid, how much of the quarter profit was reinvested? $28.0 million It cannot be determined from the information provided. $17.0 million $20.5 million $21.0 million
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