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givi [52]
3 years ago
12

On March 15, American Eagle declares a quarterly cash dividend of $0.095 per share payable on April 13 to all stockholders of re

cord on March 30.
Required:
Record American Eagle's declaration and payment of cash dividends for its 216 million shares. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answer in dollars, not in millions (i.e. $5.5 should be entered as 5,500,000).)
Business
1 answer:
irinina [24]3 years ago
8 0

Answer:

March 15,

Dr. Dividend                $20,520,000

Cr. Dividend Payable $20,520,000

April 13,

Dr. Dividend Payable $20,520,000

Cr. Cash                      $20,520,000

Explanation:

A dividend is announced and paid after some days, so the journal entries for both event will be recorded separately.

At The time of Declaration no payment is made, only a liability is created against the dividend payment.

Dividend Value = $0.095 x 216,000,000 shares =  $20,520,000

Payment will be made by debiting the dividend payable account to adjust the liability account and Crediting cash for the payment of cash dividend.

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A popular clothing brand has released a new range of pants. The brand manager wants to target several sections of youth with thi
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.Answer:

A.  customer classification

Explanation:

Classification of consumers is the process of grouping customers according to shared traits. Customers in the same group will share some common characteristics that a business can use to serve them better. In customer classification, the firm seeks to identify the common traits that make customers have similar buying patterns.

The manager in the clothing brand has identified traits he can use to classify the target customers into four groups. He has applied customer classification. If he subdivides each group by specific attributes such as age, gender, or other similarities, he would be doing customer segmentation

7 0
3 years ago
Innove Tech is a technological firm that wants to build a global service delivery system. It has consulted a larger firm, Ziff C
GarryVolchara [31]

Answer:

Acquisition cost.

Explanation:

When Innove Tech is obtaining the technology from Ziff Corp.they are incurring acquisition cost.

Acquisition cost is the cost incurred for obtaining a property or asset including shipping, installation, taxes, customer fees, and testing.

The total cost of acquisition is what will be recorded as the book value.

For example if a software is purchased for $200,000. Installation and training cost is $30,000, the book value recorded for the software will be $230,000.

4 0
4 years ago
Read 2 more answers
Why does welsh imply that the authenticity of the dance is brought into question because of global sharing?
Margaret [11]

Irvine Welsh (born 27 September 1958) is a Scottish novelist, playwright and short story writer. His 1993 novel Trainspotting was made into a film of the same name. , Welsh says dance, music and its surrounding culture remain a major influence on his work.That is why he imply that the authenticity of the dance is brought into question because of global sharing?

When dance forms become globalized, the question of whether or not the style can maintain its authenticity is raised. This, in turn, raises the question of what it means to be culturally authentic in the first place, as well as whether or not a style of dance can truly be possessed by a person or people.

Dance is a deeply personal art form, steeped in traditions, emotions, and experiences. Authenticity is what keeps dance alive.

It's clear that authenticity is one of the most important values in our society - but it means different things to different people.For dancers, authenticity isn't just some word to be tossed around.

To learn more about of authenticity of the dance here

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3 0
2 years ago
Which of these is the result of a government-regulated natural monopoly?
mezya [45]
I believe it would be C.) multiple installations of gas, water, and electric lines
5 0
3 years ago
Read 2 more answers
You have three separate accounts with your bank that you can manipulate with online banking. Account "A" is a checking account w
miss Akunina [59]

Answer:

A) $10,195

Explanation:

This can be calculated as follows:

Amount in Account "B" = $12,850.25

Remaining balance after moving $2,500 from Account "B" to account "A" = Amount in Account "B" - $2,500 = $12,850.25 - $2,500 = $10,350.25

Amount moved from account "B" to account "C" = Remaining balance after moving $2,500 from Account "B" to account "A" * 1.5% = $10,350.25 * 1.5% = $155.25

Balance after moving 1.5% of the remaining balance in account "B" to account "C" = Remaining balance after moving $2,500 from Account "B" to account "A" - Amount moved from account "B" to account "C" = $10,350.25 - $155.25 = $10,195

Therefore, the correct option is A) $10,195.

6 0
3 years ago
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