Huxley Company has 239699 shares of common stock authorized, 190997 issued, and 57975 shares of treasury stock. The company's board of directors declares a dividend of $0.46 per share of common stock. What is the total amount of the dividend that will be paid? Round your answer to the nearest dollar

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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QUESTION 3
Huxley Company has 239699 shares of common stock authorized, 190997 issued, and 57975 shares of treasury stock. The company's board of directors
declares a dividend of $0.46 per share of common stock. What is the total amount of the dividend that will be paid?
Round your answer to the nearest dollar
Transcribed Image Text:QUESTION 3 Huxley Company has 239699 shares of common stock authorized, 190997 issued, and 57975 shares of treasury stock. The company's board of directors declares a dividend of $0.46 per share of common stock. What is the total amount of the dividend that will be paid? Round your answer to the nearest dollar
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