The board of directors of Westlake Ltd declared a cash dividend of $2.50 per share on 22 000 ordinary shares on 15 July 2016. The dividend is to be paid on 15 August 2016, to shareholders of record on 31 July 2016. The effects of the journal entry to record the declaration of the dividend on 15 July 2016 are to: Group of answer choices decrease equity and increase liabilities increase equity and decrease assets. increase equity and increase liabilities. decrease equity and decrease assets.

A company's board of directors votes to declare a cash dividend of $.75 per share of common stock. The company has 15,000 shares authorized, 10,000 issued, and 9,500 shares outstanding. The total amount of the cash dividend is:Group of answer choices$10,250.$14,625.$7,125.$7,500.$11,250.

Prepare journal entries to record the following transactions for Emerson Corporation.Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field.July 15 Declared a cash dividend payable to common stockholders of $174,000.August 15 Date of record is August 15 for the cash dividend declared on July 15.August 31 Paid the dividend declared on July 15.

Indicate the respective effects of the declaration of a cash dividend on the following sections of the statement of financial position: Group of answer choices Increase Total Assets; Decrease Total Liabilities; No change in Total Equity No change in Total Assets; Increase Total Liabilities; Decrease Total Equity Decrease Total Assets; No change in Total Liabilities; Increase Total Equity Decrease Total Assets; Increase Total Liabilities; Decrease Total Equity

The board of directors of Capstone Incorporated declared a $0.60 per share cash dividend on its $1 par common stock. On the date of declaration, there were 50,000 shares authorized, 20,000 shares issued, and 5,000 shares held as treasury stock.Assuming the dividends were declared on June 1, what is the entry on June 30 to record the payment of cash dividends? Transection Account Title Debit CreditA. Dividends 9,000  A. Dividends Payable   9,000B. Dividends Payable 9,000  B. Cash   9,000C. Dividends 12,000  C. Dividends Payable   12,000D. Dividends Payable 12,000  D. Cash   12,000Multiple ChoiceOption AOption BOption COption D

ABC Corporation has declared a dividend of $1 per share. The company has set the ex-dividend date as March 15, the record date as March 20, and the dividend payment date as March 25. What does the ex-dividend date signify?a.The date on which the dividend is paid to shareholders.b.The date on which the dividend announcement is made to the public.c.The date on which new investors can purchase shares and still be eligible to receive the dividend.d.The date on which shareholders must be on record to receive the dividend.