In 2011,Bijoux,Inc.sold 35,000 shares of the 1,500,000 shares of $1 par value common stock it is allowed to sell.The shares sold for $8 each.Bijoux bought back 4,000 shares of its stock at a cost of $6 each.Bijoux declared and paid a $0.20 per share dividend to its common shareholders.Bijoux has no preferred stock.

Question

In 2011,Bijoux,Inc.sold 35,000 shares of the 1,500,000 shares of $1 par value common stock it is allowed to sell.The shares sold for $8 each.Bijoux bought back 4,000 shares of its stock at a cost of $6 each.Bijoux declared and paid a $0.20 per share dividend to its common shareholders.Bijoux has no preferred stock.
In 2011,Bijoux,Inc.sold 35,000 shares of the 1,500,000 shares of $1 par value common stock it is allowed to sell.The shares sold for $8 each.Bijoux bought back 4,000 shares of its stock at a cost of $6 each.Bijoux declared and paid a $0.20 per share dividend to its common shareholders.Bijoux has no preferred stock.

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The Answer of In 2011,Bijoux,Inc.sold 35,000 shares of the 1,500,000 shares of $1 par value common stock it is allowed to sell.The shares sold for $8 each.Bijoux bought back 4,000 shares of its stock at a cost of $6 each.Bijoux declared and paid a $0.20 per share dividend to its common shareholders.Bijoux has no preferred stock.