ges Payable 2,000 mmon Stock 5,000 ained Earnings 10,966 ridends es Earned ges Expense nt Expense preciation Expense als 1,000 41,970 41,970 19,882 19,882 6,598 6,598 5,456 5,456 75,936 75,936 31,936 41,970 Income (Loss) 10,034 41,970 41,970 journal entry to close revenues and expenses would involve: . debits to the expense accounts and Retained Earnings and a credit to Fees Earned . a debit to Fees Earned and credits to the expense accounts and Retained Earnings . debits to the expense accounts and credits to Retained Earnings and Fees Earned . debits to Fees Earned and Retained Earnings and credits to the expense accounts

ny Annual Cash Dividend per Share   Market Valueper Share 1 $ 11.00     $ 169.23   2   8.00       98.77   3   7.30       72.28   4   1.80       118.15       Compute the dividend yield for each of these four separate companies.

52-Week Price Dividend PE Close Hi Lo Stock (Dividend) Yield % Ratio Price Net Change 77.40 10.43 Acevedo .36 2.6 6 13.90 -.24 56.16 33.77 Georgette, Incorporated 1.89 4.6 10 40.78 -.01 130.93 69.50 YBM 2.00 2.2 10 88.97 3.07 50.24 35.00 13.95 Manta Energy .80 20.74 Winter Sports .32 5.2 1.5 6 15.43 28 ?? -.26 .18 Find the quote for the Georgette, Incorporated. Assume that the dividend is constant. a. What was the highest dividend yield over the past year? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. b. What was the lowest dividend yield over the past year? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. Answer is complete but not entirely correct. a. Highest dividend yield b. Lowest dividend yield 7.11% 4.30%

Assume that a company paid $6 per share to re-purchase 1,100 of its $3 par value common stock. The purchase of this treasury stock: Group of answer choices increased total equity by $6,600 increased total equity by $3,300 decreased total equity by $3,300 decreased total equity by $6,600