The charter of a corporation provides for the issuance of, Financial Accounting

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The charter of a corporation provides for the issuance of

The charter of a corporation provides for the issuance of 112,825 shares of common stock. Assume that 44,492 shares were originally issued and 4,265 were subsequently reacquired. What is the amount of cash dividends to be paid if a $4 per share dividend is declared?

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