Which of the following is the most commonly used selection tool?

In a firm that fully implements the physical distribution concept:

A) Physical distribution activities are dealt with as separate, unrelated activities, not as coordinated parts of a single system. B) The firm seeks to minimize the cost of distribution for a given customer service level. C) Increasing the level of service provided is not related to customer perceptions of value. D) Physical distribution is never a source of competitive advantage. E) None of these alternatives is correct.

On June 30, the board of directors of Dive Inn, Inc., declared a cash dividend of $0.20 per share on its $2 par value, 100,000 common shares outstanding. The date of record is the close of business on July 7, payable July 31. The entry to record the declaration of the dividend on June 30 includes ______.

a. debit Dividends $20,000 b. debit Dividends Payable $20,000 c. credit Dividends Payable $2,000 d. credit Cash $200,000 e. credit Dividends Payable $20,000 f. There is no entry made on June 30. g. credit Cash $20,000 h. debit Dividends $200,000