Royal, Inc. purchases each unit of product X for $100 and can sell it in the market for $135. The price of the product for Royal would be $100

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

When showing a listed property to potential buyers, the listing broker is required to disclose:

a. all known material facts about the property. b. anything they have been authorized by the seller to disclose. c. any facts about the seller's motivation that might induce the buyer to make an offer. d. anything that comes to mind at the time.