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Required: 1. What amount should Sherry declare in dividends for 20x4? Identify what factors influenced your...

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Accounting

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1. What amount should Sherry declare in dividends for 20x4? Identify what factors influenced your decision and how they helped you in determining the dividend amount.


2. Review the financial performance of Skinner Industries and try to identify some possible reasons why the stock price could be low.


3. Companies sometimes repurchase their own outstanding stock. How much company stock should Sherry consider repurchasing at this time if any? Discuss why this may or may not be a good time repurchase the stock of skinner industries.

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