Directors votes to declare a cash dividend

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Reference no: EM131203599

A company's board of directors votes to declare a cash dividend of $.75 per share. The company has 15,000 shares authorized, 12,000 issued, and 10,800 shares outstanding. The total amount of the cash dividend is

$900

$3,150

$8,100

$9,000

$11,250

Reference no: EM131203599

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