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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Recording Cash and Stock Dividends
Yougi Corp. is an animation studio operating in South Florida. A recent press release contained the following information:

Required:
1. Prepare any journal entries that Yougi Corp. should make as the result of information in the preceding report.
2. What two requirements would the board of directors have considered before making the dividend decision?
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