On November 1, 2017, Roosevelt, Inc. declared a dividend of $3.00 per share. Roosevelt, Inc. has 20,000 shares of common stock outstanding and no preferred stock. Prepare the journal entry to record this transaction

What will be an ideal response

Cash Dividends 60,000
Dividends Payable—Common 60,000

Business

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The home to be insured had a value of $313,500. It was only insured for 85% of its value, and the cost for insurance was .65 per $100 of value for a three- year policy. How much was the premium for one year?

a) $577.36 b) $625.00 c) $533.42 d) $638.50

Business

IM is available as a function embedded in online meeting and collaboration systems

Indicate whether the statement is true or false.

Business