What effect will payment of the dividend on May 1 have on Garrison's financial statements? 
Definitions:
JIT Processing
Just-In-Time (JIT) processing is a management strategy that aligns raw-material orders from suppliers directly with production schedules to reduce inventory costs.
Inventories
Assets held for sale in the ordinary course of business, in the process of production for such sale, or in the form of materials or supplies to be consumed in the production process or in the rendering of services.
"Push" Approach
A marketing strategy where products are "pushed" through distribution channels to the consumers, typically involving significant promotion and sales efforts.
Process Cost System
An accounting method used to track costs in environments where goods are produced in continuous processes, such as refineries and manufacturing plants.
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