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Cole company has 303000 shares of common stock authorized

Question - Cole Company has 303,000 shares of common stock authorized, 252,000 shares issued, and 65,000 shares of treasury stock. The company's board of directors has declared a dividend of 84 cents per share.

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

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Accounting Basics: Cole company has 303000 shares of common stock authorized

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Accounting Basics: Cole company has 303000 shares of common stock authorized

Reference No:- TGS02899628

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