Purchases of merchandise are typically credited to the merchandise inventory account under the perpetual inventory system

On November 1, 2017, McEwing, Inc declared a dividend of $5

00 per share. McEwing, Inc has 20,000 shares of common stock outstanding and no preferred stock. The date of record is November 15, and the payment date is November 30, 2017. Which of the following is the journal entry needed on November 30, 2017? A) Debit Cash Dividends $100,000, and credit Dividends Payable-Common $100,000. B) Debit Dividends Payable-Common $100,000, and credit Cash $100,000. C) Debit Cash $100,000, and credit Dividends Payable-Common $100,000. D) Debit Cash Dividends $100,000, and credit Cash $100,000.

Compared to adapted global marketing, standardized global marketing ________

A) adjusts promotional efforts to address cultural differences in target markets B) results in additional marketing and manufacturing costs C) relies on social media to develop customer relationships D) usually results in diluted brand power over time E) uses the same marketing mix worldwide