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What is the amount of cash dividends to be paid

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Reference no: EM133151532

Question - The charter of a corporation provides for the issuance of 108,355 shares of common stock. Assume that 37,217 shares were originally issued and 3,456 were subsequently reacquired. What is the amount of cash dividends to be paid if a $2 per share dividend is declared?

Reference no: EM133151532

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