The number of outstanding shares the company has in the year 2019. Introduction: Dividend is the portion of earnings of the company distributed to the shareholders of the firm.

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Chapter 14, Problem 14.18P

a)

Summary Introduction

To determine: The number of outstanding shares the company has in the year 2019.

Introduction:

Dividend is the portion of earnings of the company distributed to the shareholders of the firm.

b)

Summary Introduction

To determine: The number of shares repurchase.

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