Use the information above to answer the following question.Assume the company paid a dividend of $5 per share on August 3.What is the total amount of the dividends that would be paid to the common stockholders?
A)$95,000
B)$100,000
C)$90,000
D)$76,000

Question

Quizplus · Accepted Answer

The total amount of dividends paid to the common stockholders would be $95,000. This is because the company has 19,000 shares of common stock outstanding, and each share is entitled to a dividend of $5. Therefore, the total amount of dividends paid would be 19,000 * $5 = $95,000.

Use the Information Above to Answer the Following Question