Multiple Choice
Tech Inc's board of directors voted to declare a common cash dividend of $.0.75 per share. The company has 15,000 common shares authorized, with 10,000 issued and outstanding. The amount of the dividend is:
A) $3,750.
B) $375.
C) $7,125.
D) $7,500.
E) $5,625.
Correct Answer:
Verified
Correct Answer:
Verified
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