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Find sufficient? e and p to pay it dividends in current year

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Question 1: Corporation has 100,000 shares of common stock outstanding and pays quarterly dividends of $0.28 per share. At the beginning of the current? year, the balance in its accumulated? E&P account is $18,000.

Requirement

Problem 1: Yost would like to have sufficient? E&P to pay its dividends in the current year. To do? so, what minimum amount of? E&P must the corporation generate in the current? year?

  1. The minimum amount of E&P the corporation must generate in the current year is ____________

Reference no: EM132461901

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