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vodomira [7]
3 years ago
5

On March 15, American Eagle declares a quarterly cash dividend of $0.045 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 226 million sharesOn March 15, American Eagle declares a quarterly cash dividend of $0.045 per share payable on April 13 to all stockholders of record on March 30. Required: Record American Eagle's declaration and payment of cash dividends for its 226 million shares
Business
1 answer:
Galina-37 [17]3 years ago
4 0

Answer:

Explanation:

The journal entries are shown below:

On March 15

Dividend A/c Dr  $10,170,000               (226,000,000 shares × $0.045)

      To Dividend payable A/c    $10,170,000      

(Being cash dividend declared)  

On March 30

No entry

April 13

Dividend payable A/c    $10,170,000    

          To Cash A/c   $10,170,000    

(Being the payment of cash dividend is recorded)

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Marius has been brought in as a consultant for a large organization. He is tasked with identifying the goals, policies, and acti
trapecia [35]

Because Marius is tasked with identifying of goals, policies and action, then, he will be implementing a <u>Strategic Management</u>.

<h3>What is Strategic Management?</h3>

A Strategic management means a strategies implemented to achieve a better performance and competitive advantage for an organisation.

The process of a strategic management includes

  • Defining the Mission Statement
  • Analysing the Environment
  • Organisational Self-Assessment
  • Establishing Goals and Objectives
  • Formulating Strategy

In conclusion, since he is tasked with identifying of goals, policies and action, then, he will be implementing a <u>Strategic Management</u>.

Read more about Strategic Management

<em>brainly.com/question/24845876</em>

3 0
2 years ago
Phipps Company borrowed $25,000 cash on October 1, 2016, and signed a nine-month, 8% interest-bearing note payable with interest
anzhelika [568]

Answer:

The correct option is C,$500

Explanation:

The amount of interest accrual is the interest on the sum borrowed from October 1 2016 to 31 December 2016,that is 3 months of interest,which is computed below:

Accrued interest =principal*stated interest rate*number of accrued months/12

principal is $25,000

stated interest is 8%

number of accrued months is 3

accrued interest =$25,000*8%*3/12=$500

The accrued interest is to be debited interest expense  because it is an increase in expense  and credited to interest payable as a liability

5 0
3 years ago
Spielberg Inc. signed a $170,000 noninterest-bearing note due in five years from a production company eager to do business. Comp
GaryK [48]

Answer:

$100,890

Explanation:

To determine the value of the debt we must calculate the present value of the note:

present value = future value of the note / (1 + interest rate)⁵

present value = $170,000 / (1 + 11%)⁵ = $170,000 / 1.11⁵ = $170,000 / 1.685

present value = $100,890

7 0
3 years ago
QUESTION 25 A perfectly competitive firm faces a __________ demand curve. a. downward-sloping b. unit-elastic c. nonlinear d. pe
Alexus [3.1K]

Answer:

The correct answer is letter "D": perfectly elastic.

Explanation:

Perfect Competition is a theoretical market system where competition is at its highest level as possible. Perfectly competitive markets are characterized by:

  • <em>All companies offer an equivalent product.</em>
  • <em>All companies are price takers.</em>
  • <em>All companies have a fairly small market share.</em>
  • <em>Buyers have full quality and pricing knowledge.</em>
  • <em>The company has low barriers or no barriers to entering and leaving an industry .</em>

<em>Plotted in a graph, perfectly competitive goods have a horizontal curve. This is because at any given price any quantity can be demanded. Thus, the curve of perfectly competitive firms is </em><u><em>perfectly elastic</em></u><em>.</em>

5 0
3 years ago
During the holiday season, Maria's Department Store works with a contracted employment agency to bring extra workers on board to
nekit [7.7K]

There could be a lot of choices that would fill in this blank:

seasonal workers

Temporary labor

seasonal labor strategy.

Is there a list of choices?

4 0
3 years ago
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