asked 95.2k views
0 votes
Solve the following dividend problem.

Alameda Tent Company has 75,000 shares of stock outstanding. What total dividend declaration would be necessary for the dividend per share to be $2.00.

2 Answers

1 vote
the answer is 150,000
answered
User Mike Vranckx
by
8.4k points
7 votes
75,000×2=150,000
..................
answered
User Chrisrth
by
7.7k points
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