Anstendig Corp

question 115

Essay

Anstendig Corp. has 250,000 shares of common stock authorized. It has issued 75,000 shares and has reacquired 12,000 of these shares as treasury stock. Anstendig subsequently declared a cash dividend of $3 per share. What is the total amount of dividends that were declared?

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Definitions:

Cognitive Bias

Systematic patterns of deviation from norm or rationality in judgment, whereby inferences about other people and situations may be drawn in an illogical fashion.

Balanced Scorecard

A strategic planning and management system that organizations use to communicate what they aim to accomplish, align day-to-day work with strategy, prioritize projects, and measure and monitor progress.

Dow Jones Sustainability Index

A global index that tracks the performance of the world's leading companies in terms of economic, environmental, and social criteria.

Sustainability

The practice of maintaining processes or states in a way that does not deplete the resources used.