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Fetzer Company Declared a $0

Question 61

Multiple Choice

Fetzer Company declared a $0.55 per share cash dividend. The company has 200,000 shares authorized, 190,000 shares issued, and 8,000 shares in treasury stock. The number of shares to which the dividend applies is:


A) 200,000.
B) 192,000.
C) 190,000.
D) 182,000.
E) 10,000.

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