The Board of Voyager, Inc. has authorized for sale 10,000 shares of common stock at a price of $50/share. The company has 6,000 unissued shares and has 1,000 shares held in Treasury. If the company pays a dividend of $10 per share of stock, how much is the company's total dividend payout? $60,000 $50,000 $30,000 $100,0002. The Board of Voyager, Inc. has authorized for sale 10,000 shares of common stock at a price of $50/share. The company has 6,000 unissued shares and has 1,000 shares held in Treasury. How much money can the company raise in total by selling and issuing shares of stock? $150,000 $350,000 $500,000 $200,000

Dividend is paid by a company to it's stock holders. There is 2 type of dividend that is cash…

The Board of Voyager, Inc. has authorized for sale 10,000 shares of common stock at a price of $50/share. The company has 6,000 unissued shares and has 1,000 shares held in Treasury. If the company pays a dividend of $10 per share of stock, how much is the company's total dividend payout? $60,000 $50,000 $30,000 $100,000

The Board of Voyager, Inc. has authorized for sale 10,000 shares of common stock at a price of $50/share. The company has 6,000 unissued shares and has 1,000 shares held in Treasury. If the company pays a dividend of $10 per share of stock, how much is the company's total dividend payout? $60,000 $50,000 $30,000 $100,000

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter14: Corporation Accounting

Section: Chapter Questions

Problem 7EB: Silva Company is authorized to issue 5,000,000 shares of $2 par value common stock. In its IPO, the...

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