Savannah Inc. has 35,000 common shares issued at a $1.50 par value of which 22,000...
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Accounting
Savannah Inc. has 35,000 common shares issued at a $1.50 par value of which 22,000 are outstanding. If Savannah has no other outstanding stock, what size dividend must be paid such that each share receives $2?
$70,000
$96,500
$44,000
$52,500
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