Wilmington, inc. brands touch the lives of people around the world in 180 countries and territories. the p& g community consists of nearly 188,000 employees. in 2014, the company had 10 billion shares of common stock authorized, 4 billion shares issued, and 3 billion shares outstanding. par value is $1 per share. p& g has been paying a dividend for over 120 years and 2014 marks the 58th consecutive year that the company has increased its dividend.

required:

assume that p& g declared a dividend of $2.45 per share on october 1, 2014, to stockholders of record on october 15. p& g paid the dividend on october 20. prepare journal entries as appropriate for each date. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. enter your answers in whole dollars not in millions (i. e., 1,000,000 not 1.
1. record the appropriate journal entry on october 1.
2. record the appropriate journal entry on october 15th.
3. record the appropriate journal entry on october 20th.
record the appropriate journal entry on october 15.

Areal estate agent is considering changing her cell phone plan. there are three plans to choose from, all of which involve a monthly service charge of $20. plan a has a cost of $.42 a minute for daytime calls and $.17 a minute for evening calls. plan b has a charge of $.52 a minute for daytime calls and $.15 a minute for evening calls. plan c has a flat rate of $80 with 275 minutes of calls allowed per month and a charge of $.38 per minute beyond that, day or evening.a. determine the total charge under each plan for this case: 150 minutes of day calls and 70 minutes of evening calls in a month. (do not round intermediate calculations. round your answer to 2 decimal places. omit the "$" sign in your response.)c. if the agent will use the service for daytime calls, over what range of call minutes will each plan be optimal? (round each answer to the nearest whole number.include the indifference point itself in each answer.)d. suppose that the agent expects both daytime and evening calls. at what point (i.e., percentage of total call minutes used for daytime calls) would she be indifferent between plans a and b?