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Business, 27.04.2021 14:40 joelpimentel
Doug Graves Company had 50,000 shares of common stock issued and outstanding at January 1, 2020. During 2020, Graves made the following transactions: June 1 Declared a 2-for-1 stock split, when the fair value of the stock was $25 per share. Oct 15 Declared a $0.40 per share cash dividend. In Graves's statement of shareholders' equity for 2020, what amount should Graves report as dividends?
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Doug Graves Company had 50,000 shares of common stock issued and outstanding at January 1, 2020. Dur...
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