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Norton Corporation Has the Following Shareholders Equity on September 30

Question 55

Multiple Choice

Norton Corporation has the following shareholders equity on September 30, 2021: Norton Corporation has the following shareholders equity on September 30, 2021:   On September 15, 2021, Norton Corporation declared a $ 170,000 dividend to be paid on October 15 to shareholders of record on September 30. Assuming that the preferred dividends have NOT been paid since 2019 the amount of dividends per common share for 2021 would be A)  $ 17. B)  $ 2. C)  $ 0.10. D)  $ 10. On September 15, 2021, Norton Corporation declared a $ 170,000 dividend to be paid on October 15 to shareholders of record on September 30. Assuming that the preferred dividends have NOT been paid since 2019 the amount of dividends per common share for 2021 would be


A) $ 17.
B) $ 2.
C) $ 0.10.
D) $ 10.

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