Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. general electric declares a cash dividend of $1.15

General Electric declares a cash dividend of $1.15 per share of common stock. The company...

50.1K

Verified Solution

Question

Accounting

General Electric declares a cash dividend of $1.15 per share of common stock. The company has 23,000 shares authorized, 18,000 issued, and 17,500 shares outstanding.
The total amount of the cash dividend is:
Multiple Choice
$25,450
$20,125.
$26,450.
$20,700.
$40,825
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Topic : recent advance in Genetics ( write a review on it more than 800 words)...

Biology
Q

In the figure shown C is a fixed wedge A block B is kept on...

Physics
Q

Which of the following measurement is more accurate 1 40 m 3 400 x 10...

Physics
Q

Describe the transformation fromf(x) to -3f (x + 1) - 3.Of(x) is reflected over the...

Basic Math
Q

From the function f(x) = 2(x - 3) + 7choose ALL the statements below that...

Basic Math
Q

PR 9-41(Algo) Revised Operating Budget; Consulting Firm (LO 9-2,9-5,9-7) Toronto Business Associates,...

Accounting
Q

Discuss the two methods for recording bad debt expense. What type of company uses each...

Accounting
Q

Presented below is information (in thousands) related to Samentha Company related to the year of...

Accounting
Q

Trio Company reports the following information for its first year of operations. 1. Compute the...

Accounting
Q

Your medical practice actually received cash receipts much lower than expected. Stand alone explanation might...

Accounting
Q

ABC Jewelry sells a $5,000 bracelet and collects 6% sales tax. The company will record:...

Accounting
Q

Information on four investment proposals is given below: Investment required Present value of cash inflows...

Accounting