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3 years ago

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Time line of cash dividend. Camelot Manufacturing, Inc. issues the following press release: "Camelot Manufacturing will pay a qu

arterly dividend of $1.00 per share on the 20th of the following month to record holders as of the 20th of this month." The company made this announcement on September 3, 2014. Draw a time line of the dates around this dividend payment with a two-day settlement for stock transactions. Label the declaration date, the ex-date, the record date, and the payment date.

1 answer:

Harlamova29_29 [7]3 years ago

6 0

Answer:

Declaration date = Sep 3, 2014

Ex - date = Sep 18, 2014

Record date = Sep 20, 2014

Payment date = Oct 20, 2014

Explanation:

Declaration date = This is the date of announcement of dividend.

Ex - date = The expiry date is 2 days before the record date.

Record date = the record date is the date on which share holders on record becomes eligible for dividend payment.

Payment date = This is the date of dividend payment.

Here,

Declaration date = Sep 3, 2014

Ex - date = Sep 18, 2014

Record date = Sep 20, 2014

Payment date = Oct 20, 2014

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3 years ago

If you walk into a(n) __________, you will likely find a broad variety of merchandise, deep assortment, and customer service, wi

Naily [24]

Answer:

department store

Explanation:

A department store is a type of retailer that offers a wide range of diverse products. Each product group is classified into a department, thus the name "department store". When customers buy products, they usually check out near the exit of the whole department store, although there are some check-out counters in each department. Also, customer service is always present, mostly in the form of numerous sales clerks providing a helping hand.

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On the other hand, a <em>discount store</em> usually offers a broad product range, low prices, but little to none customer service. <em>Specialty stores</em> have a narrow target group as they offer a limited assortment.

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4 years ago

During the year (not a leap year), Anna rented her vacation home for 87 days, used it personally for 13 days, and left it vacant

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Answer:

<u>Anna can deduct up to US$ 10,000, so she can deduct as an itemized deduction the payment of US$ 2,500 on real estate taxes she made.</u>

Explanation:

Any taxpayer can deduct real estate taxes on the federal income tax return. For 2019, the IRS says a taxpayer can deduct up to $10,000 ($5,000 if you're married filing separately) But limits apply and you have to itemize to take the deduction.

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3 years ago

The following December 31, 2021, fiscal year-end account balance information is available for the Stonebridge Corporation:

Gnoma [55]

Answer and Explanation:

The calculations are given below:

1. Total current assets

we know that

Current ratio = Current assets ÷ current liabilities

where,

Current liabilities is

= Accounts payable + Accrued interest + Salaries payable

= $47,000 + $1,000 + $19,000

= $67,000

And,

Current ratio = 1.6:1

So,

Total current assets is

= 1.6 × $67,000

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b. Short term investment is

Short term investment = Total current assets - Cash and cash equivalents - Accounts receivables - Inventories

= $107,200 - ($5,800 + $28,000 + $68,000)

= $5,400

c. Now retained earning is

Total assets

= Total current assets + Property, plant and equipment

= $107,200 + $160,000

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= Current liabilities + Notes payable

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3 years ago

Queen, inc., has a total debt ratio of .32.

gulaghasi [49]

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0.68* Debt = 0.32* Equity

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Debt /equity ratio = (0.32/068*Equity)/Equity

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Debt-equity ratio = 0.47 (Rounded to 2 decimals)

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Equity multiplier = 1.47 (Rounded to 2 decimals)

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3 years ago