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What minimum amount of? e and p must the corporation

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Kessler

Kessler Corporation has 160,000 shares of common stock outstanding and pays quarterly dividends of $0.24 per share. At the beginning of the current? year, the balance in its accumulated? E&P account is $15,000.

Requirement

Question 1: Kessler would like to have sufficient? E&P to pay its dividends in the current year. To do? so, what minimum amount of? E&P must the corporation generate in the current? year?

  1. The minimum amount of E&P the corporation must generate in the current year is __________

Reference no: EM132461897

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