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Using the following information record the required journal entries:
Common Stock outstanding ($10-par)………………….....$100,000
Net Income ……………………………………………...........$500,000
8% Preferred Stock ($300-par, 1,000 shs outstanding)...$300,000
a. The company declared a 10% stock dividend. The market price was $18 on the date of declaration.
b. Calculate the Earnings per share assuming the stock dividend in (a) was NOT made.
c. Assume instead of the facts in (a) above, that the company declared a 40% stock dividend
Quadrado uses the LIFO method to account for inventory costs. Determine cost of goods sold amounts to record dor the three months ending September 30,2011.
Using the ABC data, determine the total amount of overhead cost assigned to each product. (Do not round intermediate calculations. Round your answers to the nearest dollar amount.)
a saw mill was purchased on july 1 2005 for 19.5 million. industrial engineers estimate the mill can saw 100 million
A project will require an initial investment of $300,000 and will return $75,000 each year for eight years. If taxes are ignored and the required rate of return is 9%, what is the project's net present value?
Imagine that you are the treasurer of your organization, and the company is in need of cash; unfortunately, the company is unable to secure a loan from the bank. Suggest at least two (2) ways in which the company can obtain the needed cash. Compare a..
accounting for decision-makingyou will choose a public company and prepare a financial analysis of the company based on
Further, Bluebird recognized a long-term capital loss of $20,000, and a short-term capital gain of $5,000. Illustrate what is the taxable income to be reported by Bluebird Corporation in 2010?
Prepare 2014 entries for Crow assuming that the warranties are not an integral part of the sale. Assume that of the sales total, $150,000 relates to sales of warranty contracts. Crow estimates the total cost of servicing the warranties will be $120,0..
multiple choice questions related to book value and reinsurance1. on july 1 year 1 pampg company purchased 24000 of
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cost allocation theory through cost drivers.the city of seattle reading lists a series of costs and associated cost
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