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What is the total amount of the dividend that will be paid

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Reference no: EM132762016

Problem - Cole Company has 297,000 shares of common stock authorized, 255,000 shares issued, and 64,000 shares of treasury stock. The company's board of directors has declared a dividend of 70 cents per share. What is the total amount of the dividend that will be paid?

Reference no: EM132762016

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