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200,000 shares of c/s issued and outstanding at Dec. 31, 2009. July 1, 2010 issued a 10% stock dividend. Unexercised stock options to purchase 40,000 shares of c/s at $20 per share were outstanding at the beginning and end of 2007. Market price of c/s was $25 per share during 2010. NI for the year ended Dec. 31, 2010 was $1,100,000. What is the diluted EPS?
securities held by an investment trust fund and carried on the books at 100000 are sold for 110000. on receiving the
Which one of the following statements is correct concerning capital structure weights?
It is sometimes said that in debt service funds, the accounting for interest revenue is inconsistent with that for interest expenditure. Explain. What is the rationale for this seeming inconsistency?
brummitt corporation is working on its direct labor budget for the next two months. each unit of output requires 0.05
1. describe what is meant by transaction analysis. 2. reply to this response in format of conversation. this is a class
Preferred stock is used much less than long-term debt in the capital structure of most industrial and merchandising companies principally because
Tech Savvy, a computer consulting firm, has decided to write off the $8,375 balance of an account owed by a customer. Illustrate the effects on the accounts and financial statements to record the write-off (a) assuming that the direct write-off me..
birchcompany manufactures a part for its production cycle. thecosts per unit for 5000 units of this part are
gilder corporation manufactures a product that has the following
he 5.25 percent preferred stock of icy mobile is currently selling for 60.50 per share. if the par value is 100 what is
Discuss any benefits you can think of for a company to (a) cross-list its equity shares on more than one national exchange, and (b) to source new equity capital from foreign investors as well as domestic investors.
morrow corporation makes all sales on account. the june 30th balance sheet balance in its accounts receivable is 400000
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