Question: Moving to another question will save this response stion 22 CYZ corporation has one class of stock common stock. The company has 300.000 shares issued,
Moving to another question will save this response stion 22 CYZ corporation has one class of stock common stock. The company has 300.000 shares issued, 250,000 and we $1.00. The price for which each share was issued at was $10.00. Retained earrings at the beginning of the period 100.000 per period, XYZ declared dividends of 54.00 per share. "he treasury shares were purchased at $10 per share. How much is the total amount of dividends reported on the statement of retained earnings? A $200,000 B. $1,000,000 D$1,200,000 D. None of the above
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