he charter of a corporation provides for the issuance of 99,542 shares of common stock. Assume that 39,624 shares were originally issued and 3,225 were subsequently reacquired. What is the amount of cash dividends to be paid if a $2-per-share dividend is declared? a.$3,225 b.$99,542 c.$39,624 d.$72,798

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A: When shares are reacquired, the dividends are not required to be paid on such stocks.

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A: Number of shares outstanding  = Shares issued - Shares reacquired

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Q: What is the number of shares outstanding?

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Q: What is the number of shares outstanding?

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Q: nkt.4

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Q: None

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A:

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Q: nkt.3

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