Business, 12.03.2020 05:27, aroman4511
Oxford Inc. was authorized to issue 100000 $10 par value ordinary shares. As of December 31, 2020, the company had issued 52500 shares at an average price of $21 per share. During 2020, the company felt that the shares were undervalued so it purchased 9000 treasury shares at £16 per share. When the share price rebounded later in the year, the company sold 4200 of the treasury shares for $27 per share. Retained earnings was $1675000 at December 31, 2020.What is the amount of dividends received by the ordinary shareholders in 2017?
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Oxford Inc. was authorized to issue 100000 $10 par value ordinary shares. As of December 31, 2020, t...
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