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Business, 02.04.2021 04:00 jholland03

g Ming Company has 500,000 shares of $10 par value common stock outstanding. During the year Ming declared a 10% stock dividend when the market price of the stock was $30 per share. Two months later Ming declared a $2.00 per share cash dividend. As a result of the dividends declared during the year, retained earnings decreased by: Note that you have two types of dividends that you have to take into consideration. Group of answer choices

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g Ming Company has 500,000 shares of $10 par value common stock outstanding. During the year Ming de...
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