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Business, 25.03.2020 05:52 simoneee89

During its first year of operation, the Ocean Breeze soda corporation issued 17,500 shares of $10 par common stock. At the end of the year, the corporation had a net income of $350,000. The board of directors declared a cash dividend of $5 per share. How much net income was distributed to the stockholders

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During its first year of operation, the Ocean Breeze soda corporation issued 17,500 shares of $10 pa...
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