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1. Provide at least three characteristics of a corporation (in your own words).
2. The date on which a cash dividend becomes a binding legal obligation is known as what date?
3. A corporation has 40,000 shares of $25 par value stock outstanding. If the corporation issues a 3-for 1 stock split, the number of shares outstanding after the split will be
4. Should a corporation be in a position to liquidate, detail the order of payment to debt holders and equity holders. Consider that this corporation has issued common stock, bonds, and preferred stock.
5. When is it appropriate to use the equity method of recording versus the cost method when in receipt of cash dividends from an investment?
6. What is the overall purpose to the Statement of Cash Flows?
7. When is it appropriate for a business to use the direct method of calculating cash flows over the indirect method?
What is idle time for Fast Moving,Slow Moving,Non Moving, and Dead Stock??? Thanks in Advance. Santosh K Jha
discuss stages of accounting for costs
priple of accounting
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The firm currently uses 50,000 workers to produce 200,000 units of output per day. The daily wage per worker is $80, and the price of the firm’s output is $25. The cost of other va
A sound foundation is necessary for success in any task from building a house to putting on make up. In terms of U.S Accounting standards it is necessary to have a sound foundatio
We have noticed that working capital is needed to finance that portion of current assets that is not financed through current liabilities. We also noticed that the investments repr
Explanations on the correct fixation of selling price
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