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A corporation had 20,000 shares of $10 par value common stock outstanding on January 10. Later that day the board of directors declared a 30% stock dividend when the market value of each share was $40. The entry to record this dividend is?
1.beacon company is considering two different mutually exclusive capital expenditure proposals. project a will cost
communication can be distorted unintentionally as a result of the existence of some cultural differences. In today's global and multi-cultural world that we live in, the opportunity for these language distortions obviously can occur in negotiation..
haywood company sells a single product with a contribution margin of 5 per unit fixed costs of 74400 and sales for the
How much income must Barry report on his tax return for the current year? What is the character of income?
caleb company uses the retail inventory method to determine inventory cost for financial reporting purposes. they have
State Corporation is a 30%-owned equity investee of Pico Corporation. During 2003, State declared $50,000 in dividends to be paid in 2004. How does the dividend declaration affect Pico's balance sheet at December 31, 2003?
TMI is a calendar year personal service corporation which reports income on a calendar year end basis. TML is also a personal holding company. TML had $125,000 of taxable income during the year. It is now December 31st.
In the preparation of the 2006 consolidated financial statements, what is the dollar amount of the worksheet elimination to 2006 Retained Earnings with respect to this transaction?
you want to have 2 million in real dollars in an account when you retire in 40 years. the nominal return on your
please explain and describe in details the term intangible asset. what major characteristics differentiate intangible
His daughter is currently 3 years old. How much will Lawrence need to invest today, at an interest rate of 8% compounded semiannually?
A bond issued with a face value of $200,000 and a carrying amount of $195,500 is paid off at 98 1/2 and retired. The gain or loss on this transaction is:
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