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?
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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.
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