Calculate the total amount of cash that would be paid


Common stock without par value, 2,000,000 shares authorized, 400,000 shares issued, and 360,000 shares outstanding $2,600,000 If a cash dividend of $.60 per share were declared, calculate the total amount of cash that would be paid to stockholders.

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Accounting Basics: Calculate the total amount of cash that would be paid
Reference No:- TGS0717111

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