Petrolium development Oman, has only one class of stock issued, which is common stock. The company's board of directors declared an OMR 0.500 baiza per share dividend on common stock. As of the date of declaration, the company has 25,000 sh of ordinary stock issued and holds 2,500 shares as treasury stock. On December 30th the company makes payment of the declared dividend. Calculate the amount of dividend. OMR 22,000 None of these OMR 11,250 OMR 2,500 ntifiv tho
Petrolium development Oman, has only one class of stock issued, which is common stock. The company's board of directors declared an OMR 0.500 baiza per share dividend on common stock. As of the date of declaration, the company has 25,000 sh of ordinary stock issued and holds 2,500 shares as treasury stock. On December 30th the company makes payment of the declared dividend. Calculate the amount of dividend. OMR 22,000 None of these OMR 11,250 OMR 2,500 ntifiv tho
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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