Answer:
Debit : Dividends $50,000
Credit : Cash $50,000
Explanation:
Dividend calculation = 500,000 shares x $1 x 1/10 = $50,000
To record the dividend, the following entry is made :
Debit : Dividends $50,000
Credit : Cash $50,000
Answer:
The correct answer is a decrease in the interest rate
good luck ❤
Answer:
The maximum price per share that American should offer is $18.13 per share
Explanation:
The computation of the maximum price per share is shown below:
= Present value ÷ Number of outstanding shares
= $72.52 million ÷ 4 million shares
= $18.13 per share
For computing the maximum price, we used the present value and the discount rate is irrelevant in the computation part. Hence, it is ignored plus the current price is also ignored.
Okay I can go to get outta this class now but I’m not sure what I mean I just feel like