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Anders, Inc., has 5,000 shares of 5%, $100 par value, cumulative preferred stock and 20,000 shares of $1 par value common stock outstanding at December 31, 2011. There were no dividends declared in 2009. The board of directors declares and pays a $45,000 dividend in 2010 and in 2011. What is the amount of dividends received by the common stockholders in 2011?
$15,000
$25,000
$45,000
$0
Mrs. Crawford will receive $6,500 a year for the next 14 years from her trust. If an 8 percent interest rate is applied, what is the current value of the future payments?
If the current assets in 2010 were 112,004 and in 2009 the current assets were 113,030 the change is -1,026. That would mean the percent of change is -.009%. Is this correct? Can a percent of change be negative? If so, is this the proper way to wr..
Compute the value added, nonvalue added, and the total lead time of the wreath process for both the old and the new manufacturing process.
In this discussion post you are to discuss either the pro or con of full financial disclosure. You must take a position advocating full disclosure and why this is beneficial for the marketplace and the economy or a position arguing that the associ..
Stockholders of a business enterprise are said to be the residual owners. The term residual owner means that shareholders:
John's car was completely destroyed by fire in 2010. Its cost and fair market value were $8,000. John's claim against insurance was $3,000 and was NOT made until 2011. The following year, 2011, John settled with the insurance company for $2,000. W..
Before the corporate expenses are allocated to the sales districts, what wholesale price will Krupsak pick for the Australian T-shirts and how many T-shirts will he sell? Show how you derived these numbers.
Described below are certain transactions of Edwardson Corporation. The company uses the periodic inventory system. Make all journal entries necessary to record the transactions above using appropriate dates.
Recent events in the world of corporate finance have shown the importance of proper administration and funding of corporate pension plans. Evaluate the information in the Comparative Analysis Case of Coca-Cola and PepsiCo found in the book's compa..
Discussion on IFRS, why choose IFRS? what is the advantages and disadvantages for developments company to follow IFRS?
Suppose that nominal accounts are not closed out at the end of the fiscal period. Explain how this affects account data for the next fiscal period. Use a company or industry to help explain your answer.
Compute the weighted average number of shares to be used in computing earnings per share for 2010.
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