The balance sheet caption for common stock is the following: common stock, $5 par value, 2,550,000 shares authorized, 1,120,000 shares issued, 1,150,000 shares outstanding$? required: calculate the dollar amount that will be presented opposite this caption. calculate the total amount of a cash dividend of $0.21 per share. what accounts for the difference between issued shares and outstanding shares?
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The balance sheet caption for common stock is the following: common stock, $5 par value, 2,550,000...
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