1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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)

You might be interested in
On January 9, a company pays $5,910 for salaries and wages of which $2,870 was reported as Salaries and Wages Payable on Decembe
Orlov [11]

Answer: Please find answer in explanation column

Explanation:

Journal entry to record payment of Salaries and wages

Dates                   Account title                      Debit               Credit

Jan 9     Salaries and Wages  Payable         $2,870  

       Salaries and Wages Expenses              $3,040

              Cash                                                                       $5,910

Calculation

Salaries and wages Expense = Cash -Salaries and Wages  Payable

= $5,910- $2,870=$3,040

7 0
3 years ago
Which economies systems have least in common?
Effectus [21]

Answer:

command economy and capitalism

Explanation:

A command economy is a situation where the government determines what goods and services are produced in a state. The government formulate its production policies to achieve his goals and objective. The major advantage of a command economy is that is reduces the level of inequality in a state, as against the profit motive in capitalism. Examples of a command economy country is North Korea and Cuba

Capitalism is an economic state where private individuals own and controls factors of production to for profit motive. Private investors are given power by government to control labour, capital and land in the production process with little or no involvement by government. Examples of countries practicing capitalism includes USA, Chile, canada, etc.

6 0
3 years ago
What is price and explain factors that influencing price. Give at least 5 factors and explain them.
Archy [21]
It would be 764 have a good day bye
7 0
3 years ago
The Corner Market has decided to expand its retail store by building on a vacant lot it currently owns. This lot was purchased f
marysya [2.9K]

Answer:

a. The current market value of the land

Explanation:

An expansion project costing plays a huge role. According to relevant cost, all irrelevant cost in the business should not be considered while analyzing a project. In the past, cost incurred in purchase of the land and its improvement is sunk cot, hence these expenditure ares irrelevant while analyzing the expansion project. The only cost which is to be considered is current market value of the land.

5 0
3 years ago
What do you think makes codes of conduct successful in managing industrial relations in MNEs?
poizon [28]

What makes codes of conduct successful in managing industrial relations in MNES is the standardization of a global code of conduct that incorporates a set of principles and missions that guide and motivate employees.

Well-structured codes of conduct are effective in creating a sense of belonging in the management of industrial relations in MNEs, bringing together across different corporate cultures the sense of unification and support of work.

Therefore, a global code of conduct will assist in guiding and strategically controlling the operations of MNEs, to ensure compliance with positive conduct practices in the global market.

Learn more here:

brainly.com/question/18880818

4 0
3 years ago
Other questions:
  • A stock is selling for $41.60. The strike price on a call, maturing in 6 months, is $45. The possible stock prices at the end of
    6·2 answers
  • The local mall's food court has a dozen different types of fast food/restaurants. All the business owners decides to work togeth
    5·1 answer
  • RE: Planned Obsolescence, Perceived Obsolescence "The consumer feels a need to purchase new products and services when their pro
    15·1 answer
  • The annual demand for a product has been projected at 2,000 units. This demand is assumed to be constant throughout the year. Th
    8·1 answer
  • What is the function of a 3-compartment sink?
    8·1 answer
  • Bloom Company management predicts that it will incur fixed costs of $269,000 and earn pretax income of $337,900 in the next peri
    14·1 answer
  • People who are part of the project team need to understand project management because they Multiple Choice Need to understand th
    7·1 answer
  • On January 1, 2020, Gerald received his 50% profits and capital interest in High Air, LLC in exchange for $2,000 in cash and rea
    8·1 answer
  • as consumer demand for new cars increases, tire makers and steel and aluminum suppliers may experience an increase in demand for
    11·1 answer
  • What are some benefits and consequences to shared decision-making?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!