Explain the total amount of the cash dividend


A company's board of directors votes to declare a cash dividend of $0.50 per share. The company has 15,000 shares authorized, 10,000 issued, and had 2,000 treasury stock shares. The total amount of the cash dividend is?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Explain the total amount of the cash dividend
Reference No:- TGS0680298

Expected delivery within 24 Hours