On November 1, 2019, Stateside, Inc. declared a dividend of $3.00 per share. Stateside, Inc. has 20,000 shares of common stock outstanding and no preferred stock. The date of record is November 15, and the payment date is November 30, 2019. Provide the journal entry needed on November 30. Omit explanation.
What will be an ideal response?
You might also like to view...
Roy is a director of Sales Service Inc. Sales enters into a contract with TeleCenter Corporation in which Roy has a personal interest. Roy must
A. apply the “don’t ask, don’t tell” rule of personal conduct. B. use the situation to his personal advantage. C. make a full disclosure of the conflict of interest. D. none of the choices.
Bart sends Carla an offer by express mail. Carla receives it at 10 a.m. on Tuesday. At 11 a.m. on Tuesday, Carla delivers an acceptance to Speedy Mail-to-You Express, Inc, but due to their error, the letter is not sent out by the company until Wednesday at 8 a.m. At what time does the law consider the acceptance to be effective?
a. At 10 a.m. on Tuesday. b. At 11 a.m. on Tuesday. c. At 8 a.m. on Wednesday. d. At the time Bart receives the letter.
For a 10-year deposit, what annual rate payable semiannually will produce the same effective rate as 5.00% compounded continuously? Do not round your intermediate calculations.
A. 4.46% B. 5.06% C. 4.10% D. 4.81% E. 4.91%
Which of the following is a goal of alternative dispute resolution (ADR)?
a. to reduce court congestion as well as avoid undue cost and delay b. to enhance community involvement in the dispute resolution process c. to facilitate access to traditional systems of providing justice d. all of the above