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Business, 19.08.2021 22:00 boyancecristina

Alpha Co. is paying a $72 per share dividend today. There are 138,000 shares outstanding with a par value of $1 per share. As a result of this dividend, the: a) retained earnings will decrease by $99.360.
b) common stock account will decrease by $99,360
c) retained earnings will decrease by $138,000.
d) common stock account will decrease by $138,000.
e) capital in excess of par value account will decrease by $38.640

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