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Mathematics, 04.06.2020 15:58, sitstareplay7073
Rayan Company has 420, 000 shares of $ 10 par. 3 value ordinary shares outstanding. During the year Rayan declared a 5% share dividend when the market price of the shares was $ 36 per share. Three months later Rayan declared a $. 60 per share cash dividend. As a result of the dividends declared during the year, retained earnings [* decreased by
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Rayan Company has 420, 000 shares of $ 10 par. 3 value ordinary shares outstanding. During the year...
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