Alberta owns 100 shares of stock of abc company, and bobby owns 200 shares of the same stock. if abc company pays a $5 dividend to all stockholders with a record date of friday, june 15,
a. alberta will receive the same amount as bobby if they owned the stock two business days before the record date.
b. both will receive the dividend as long as they sell their stock three days before the record date.
c. alberta will receive half as much as bobby if they owned the stock two business days before the record date.
d. both will receive the dividend if they bought the stock on the record date.
e. alberta and bobby will receive the same amount if they bought the shares at least one month before the record date.

Analyzing and computing accrued warranty liability and expense waymire company sells a motor that carries a 60-day unconditional warranty against product failure. from prior years' experience, waymire estimates that 2% of units sold each period will require repair at an average cost of $100 per unit. during the current period, waymire sold 69,000 units and repaired 1,000 units. (a) how much warranty expense must waymire report in its current period income statement? (b) what warranty liability related to current period sales will waymire report on its current period-end balance sheet? (hint: remember that some units were repaired in the current period.) (c) what analysis issues must we consider with respect to reported warranty liabilities?