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1) A bottled gas company has 500,000 common shares authorized, 400,000 common shares issued and 15,000 common shares in treasury stock at the current year-end. It paid $0.24 per share in cash dividends during the year. The year-end market price of the stock is $15. Calculate (1) the total dividends paid and (2) the dividend yield.
2) A welding company, specializing in underwater projects, has 1,000 shares of $100 par preferred stock. It also has 25,000 shares of common stock outstanding and its total stockholders' equity equals $500,000. The book value per common share is:
Lawton Company collected $8,400 in May of 2006 for 4 months of service which would take place from October of 2006 through January of 2007. The revenue reported from this transaction during 2006 would be:
nick and jolene are married. nick is 61 and retired in 2011 from his job with amalgamated company. jolene is 56 and
Of the 4 categories of quality costs, which one best describes the quality issues each team experienced during the first production period of the GuessPacho TM Lego TM simulation game?
Link's income statement for the year ended December 31, 2011, should show the cumulative effect of this error in the amount of:
What is the future value of a 7%, 5-year ordinary annuity that pays $300 each year? If this were an annuity due, what would its future value be?
a company that manufactures ultrasonic wind sensors invested 1.5 million 2 years ago to acquire part ownership in an
olds inc. which produces a single product has provided the following data for its most recent month of operationsnumber
For the tax year, Susan had salary income of $19,000. In addition, she reported the following capital transactions: Long-term capital gain $2,000; Short-term capital gain $4,000; Long-term capital loss -$7,000; Short-term capital loss -$3,000. The..
1. Prepare the journal entry to record the issuance of the bonds on July 1, 2010 2. Prepare the adjusting journal entry on December 31, 2010, to accrue the interest expense. 3. Prepare the journal entry to record the interest payment on January 1, 20..
The lease and move out eight months before the lease was scheduled to expire. What issues does Reginald face as a result of this transaction?
Probe Manufacturing leased an asset with a fair market value of $145,000 to Detection Devices. Detection will pay Probe $25,000 annually, in advance, for the next 10 years.
income taxesthun company has been in operation for several years. it has both a deductible and a taxable temporary
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