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Netpass Company has 250,000 shares of common stock authorized, 212,500 shares issued, and 112,500 shares...

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Accounting

Netpass Company has 250,000 shares of common stock authorized, 212,500 shares issued, and 112,500 shares of treasury stock. The companys board of directors declares a dividend of $2.60 per share of common stock. What is the total amount of the dividend that will be paid?

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