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1. On January 1, 2010 (the date of grant), Lutz Corporation issues 2,000 shares of restricted stock to its executives. The fair value of these shares is $75,000, and their par value is $10,000. The stock is forfeited if the executives do not complete 3 years of employment with the company. Prepare the journal entry (if any) on January 1, 2010, and on December 31, 2010, assuming the service period is 3 years.
normally distributed and the population standard deviation is known. She uses a Z test to test the null hypothesis that the mean tensile strength is 800 pounds per square inch.
net income during 2012 totaled 30000 and the board of directors wishes to distribute a total of 15000 in cash
turquoise realty comapny owns an apartnment house that has an adjusted basis of 760000 but is subject to a mortage of
Define the terms debit and credit. Explain how debits and credits affect the following: assets, liabilities, owner's capital account, revenues and expenses.
The initial research proposal will consist of the following SIX (6) items: 1. Identify a business research topic
a company has a decision to make between two investment alternatives. the company requires a 10 return on investment.
If Roland declared $150,000 of cash dividends on preferred stock and has 100,000 shares of common stock outstanding throughout the year, earnings per share is:
Calculate the total amount of interest expense over the life of the bonds for the following independent situations.
hart manufacturing operates an automated steel fabrication process. for one operation hart has found that 45 of the
Find the amount of interest earned by each of the following deposits: $27,630.35 at 4.4% compounded quarterly for 3.7 years.
Chateau Beaune is a family-owned winery headed by Gerard Despinoy and located in the Burgundy region of France. The harvesting season in early fall is the busiest part of the year for the winery, and many part-time workers are hired to help pick a..
To what extent might companies use of these different treatments reduce the comparability of the resulting financial statements?
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