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Business, 11.09.2019 01:30 abcrakira

Hernandez company has 560,000 shares of $10 par value common stock outstanding. during the year, hernandez declared a 10% stock dividend when the market price of the stock was $30 per share. four months later hernandez declared a $.50 per share cash dividend. as a result of the dividends declared during the year, retained earnings decreased by

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