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On March 1 5 , American Eagle declares a quarterly cash dividend of $ 0 . 1 2 5 per share payable on April 1

On March 15, American Eagle declares a quarterly cash dividend of $0.125 per share payable on April 13 to all stockholders of record on March 30.
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Determine the financial statement effects of American Eagle's declaration and payment of cash dividends for its 210 million shares.
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Determine the financial statement effects of March 15.
March 15
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