Question 5 (1 point) Saved "Growth" companies often payout a low percentage of their annual earnings...

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Question 8 (1 point) The Company reported the following amounts for 2018 and 2019: 2018 2019 Dividend Per Share: $1.90 $2.00

Question 9 (1 point) The following scenarios have the same impact on Total Stockholders Equity, but Scenario A decreases

Question 10 (1 point) The Company reported the following amounts for 2018 and 2019: 2018 2019 Dividend Per Share: $1.90 $2.00

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Answer 1

Answer #1

Solution to Question 6:

Dividend is paid on the shared outstanding during a year.

In this question on March 13th dividend was declared which is 230,000*3 = $690,000

On March 20th entry of declaring this dividend was recorded.

And on May 29th company payout cash to its shareholders which is 230,000*$3 = $690,000

So total cash payout is $690,000.

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Answer 2

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