Business, 08.01.2020 18:31 rileyeddins1010

Wilmington, inc. brands touch the lives of people around the world in 180 countries and territories. the p& g community consists of nearly 188,000 employees. in 2014, the company had 10 billion shares of common stock authorized, 4 billion shares issued, and 3 billion shares outstanding. par value is $1 per share. p& g has been paying a dividend for over 120 years and 2014 marks the 58th consecutive year that the company has increased its dividend.

required:

assume that p& g declared a dividend of $2.45 per share on october 1, 2014, to stockholders of record on october 15. p& g paid the dividend on october 20. prepare journal entries as appropriate for each date. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. enter your answers in whole dollars not in millions (i. e., 1,000,000 not 1.
1. record the appropriate journal entry on october 1.
2. record the appropriate journal entry on october 15th.
3. record the appropriate journal entry on october 20th.
record the appropriate journal entry on october 15.

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 20:00

Jorge is a manager at starbucks. his operational plan includes achieving annual sales of $4,000,000 for his store. with only one month left to end of the fiscal year, jorge realizes that he won't reach his annual sales goal. what are his options?

Answers: 2

Answer

Business, 22.06.2019 06:30

If a team of three workers, each making the u.s. federal minimum wage, produced these 12 rugs, what would the total labor cost be? don't forget that these workers would be working overtime.

Answers: 3

Answer

Business, 22.06.2019 07:30

Jordan, inc. sells fireworks. the company’s marketing director developed the following cost of goods sold budget for april, may, june, and july. april may june july budgeted cost of goods sold $62,000 $72,000 $82,000 $88,000 jordan had a beginning inventory balance of $3,000 on april 1 and a beginning balance in accounts payable of $14,600. the company desires to maintain an ending inventory balance equal to 15 percent of the next period’s cost of goods sold. jordan makes all purchases on account. the company pays 65 percent of accounts payable in the month of purchase and the remaining 35 percent in the month following purchase. required prepare an inventory purchases budget for april, may, and june. determine the amount of ending inventory jordan will report on the end-of-quarter pro forma balance sheet. prepare a schedule of cash payments for inventory for april, may, and june. determine the balance in accounts payable jordan will report on the end-of-quarter pro forma balance sheet.

Answers: 2

Answer

Business, 22.06.2019 14:30

Turtle corporation produces and sells a single product. data concerning that product appear below: per unit percent of sales selling price $ 150 100 % variable expenses 75 50 % contribution margin $ 75 50 % the company is currently selling 5,600 units per month. fixed expenses are $194,000 per month. the marketing manager believes that a $5,300 increase in the monthly advertising budget would result in a 190 unit increase in monthly sales. what should be the overall effect on the company's monthly net operating income of this change?

Answers: 1

Answer

You know the right answer?

Wilmington, inc. brands touch the lives of people around the world in 180 countries and territories....

Questions