Similar to a stock split, a stock <u>dividend</u> also distributes additional shares of stock to existing stockholders on a pro rata basis at no cost to the stockholders.
A stock split is a decision made by the board of directors of a firm to issue more shares to present owners in order to increase the number of shares outstanding.
A stock split is a division of issued shares in a ratio determined by the company, whereas a stock dividend is a dividend paid in the form of extra shares. While in a stock split, already issued shares are divided in accordance with a predetermined ratio, a stock dividend gives stockholders extra shares.
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Answer:
March 15 Debit Credit
Dividends $22,470,000
Dividends Payable $22,470,000
March 30 No entry
April 13
Dividends Payable $22,470,000
Cash $22,470,000
Explanation:
In order to record American Eagle's declaration and payment of cash dividends for its 214 million shares first we would require to calculate the dividends as follows:
Dividends=214,000,000 shares*$0.105
Dividends=$22,470,000
Therefore, the journal entries would be the following:
March 15 Debit Credit
Dividends $22,470,000
Dividends Payable $22,470,000
March 30 No entry
April 13
Dividends Payable $22,470,000
Cash $22,470,000
Answer:
Revenues
Explanation:
The role of news organisations in political campaigns in recent times has been very significant.
Critics find it hypocritical because when paid to run political campaigns, news organisations do not reject lies by public officials, because they were paid for the air time.
For example, according to information from statistica, it estimates that more than 6 billion dollars were spent in the US Presidential elections campaign on broadcast TV in 2016.
Scrutiny would involve critical examination of the activities of this news organisations.
Answer:
Managing your money behavior
Explanation:
Personal finance is the management of individual financial activities of generating income and expenditure. It involves the process of setting personal financial goals and making plans on how to achieve them. Personal finance entails developing personal budgets, savings and investment plans to achieve short term and long term financial goals.
Individuals may need to hire personal finance managers to help them manage their finances. The role of the personal-finance manager is to advise and help in the making and implementation of financial goals. Personal finance involves managing money behavior to achieve the desired results.