On January 1, 2004, Peltz Incorporated hod 80,000 shares of $4 par common stock Issued and outstanding and retained earnings of $270,000, On July 14 a 10% stock didend was declared when the price of the stock was $12 per share. On July 30, the shares for the stock dividend were issued. Net income for the year was $137,000 DEBIT or CREDIT What is the journal entry to issue the shares for the dividend?

Rate of return douglas keel, a financial analyst for orange industries, wishes to estimate the rate of return for two similar-risk investments, x and y. douglas's research indicates that the immediate past returns will serve as reasonable estimates of future returns. a year earlier, investment x had a market value of $27 comma 000; and investment y had a market value of $46 comma 000. during the year, investment x generated cash flow of $2 comma 025 and investment y generated cash flow of $ 6 comma 770. the current market values of investments x and y are $28 comma 582 and $46 comma 000, respectively. a. calculate the expected rate of return on investments x and y using the most recent year's data. b. assuming that the two investments are equally risky, which one should douglas recommend? why?