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Ahnberg Corporation had 800,000 shares of common stock issued and outstanding at January 1. No common shares were issued during the year, but on January 1 Ahnberg issued 100,000 shares of convertible preferred stock. The preferred shares are convertible into 200,000 shares of common stock. During the year Ahnberg paid $60,000 cash dividends on the preferred stock.Net income was $1,500,000. What were Ahnberg's basic and diluted earnings per share for the year?
What amount of uncollectible accounts expense was reported on the income statement? What was the net realizable value of receivables at the end of the accounting period?
under the definition of accounting which of the following is not one of the activities performed on the transactions of
computer marys income or deductions for 2012 using the 1 cash basis and 2 the accrual basis for each of the following
sampson company has 500 in its checking account. a customer owes sampson 1000. the company has store equipment that
on january 1 2011 cedar company was authorized to issue 40000 shares of 6 par common stock and 20000 shares of 16
sales for october november and december are expected to be 200000 180000 and 220000 respectively for the gurumai
How much must be invested now to receive $30,000 for ten years if the first $30,000 is received today and the rate is 8%?
The local garden club, an exempt organization, had gross unrelated business income during the year of $15,000. Its costs associated with this income were $9,800. What is its unrelated business income tax?
Evaluate whether ABC Wines should go ahead with the installation of the new irrigation system and whether they should use the purchase or the lease option and explain the primary ways in which finance leases differ from operating leases.
Prepare the companys cash budget for October in good form.
Alternative methods exist for the measurement of the pension obligation (liability). Which measure requires the use of future salaries in its computation?
hrabik corporation issued 600000 9 10 year bonds on january 1 2011 for 562613. this price resulted in an
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