Hutter Corporation declared a $0.50 per share cash dividend on its common shares. The company has 37,000 shares authorized, 19,200 shares issued, and 14,800 shares of common stock outstanding. The journal entry to record the dividend declaration is: A. Debit Common Dividends Payable $7,400; credit Cash $7,400.
B. Debit Retained Earnings $9,600; credit Common Dividends Payable $9,600.
C. Debit Common Dividends Payable $9,600; credit Cash $9,600.
D. Debit Retained Earnings $18,500; credit Common Dividends Payable $18,500.
E. Debit Retained Earnings $7,400; credit Common Dividends Payable $7,400.

Answer the following questions using the information below: southwestern college is planning to hold a fund raising banquet at one of the local country clubs. it has two options for the banquet: option one: crestview country club a. fixed rental cost of $1,000 b. $12 per person for food option two: tallgrass country club a. fixed rental cost of $3,000 b. $8.00 per person for food southwestern college has budgeted $1,800 for administrative and marketing expenses. it plans to hire a band which will cost another $800. tickets are expected to be $30 per person. local business supporters will donate any other items required for the event. which option has the lowest breakeven point?

John has been working as a tutor for $300 a semester. when the university raises the price it pays tutors to $400, jasmine enters the market and begins tutoring as well. how much does producer surplus rise as a result of this price increase?

You get your monthly banking statement and notice that the number is lower than expected. you decide that you should create a cash flow statement. why are cash flow statements useful in managing money? what are the steps in creating a statement?