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During the year ended December 31, 2011, Gluco, Inc., split its stock on a 3-for-1 basis. In its annual report for 2010, the firm reported net income of $3,703,920 for 2010, with an average 268,400 shares of common stock outstanding for that year. There was no preferred stock.
Required:
a. What amount of net income for 2010 will be reported in Gluco's 2011 annual report?b. Calculate Gluco's earnings per share for 2010 that would have been reported in the 2010 annual report.c. Calculate Gluco's earnings per share for 2010 that will be reported in the 2011 annual report for comparative purposes.
1.in the coming week-long mid-term break toni has the option of either to work as an intern at the asia competitive
question1. in 2013 justin invested 20000 in a cattle-feeding partnership that used nonrecourse notes to purchase 100000
Today, many companies face budgetary challenges on a continual basis. Two critical aspects that businesses lack are effective control practices and monitoring.
Evaluate the predetermined MOH rate per machine hr - Smith paints allocates overhead based on machine hours.
Freda acquired a passive activity this year for $870,000. Gross income from operations of the activity was $160,000. Operating expenses, not including depreciation, were 122,000. Regular income tax depreciation of $49,750 was computed under MACRS.
Calculate the total manufacturing costs and the cost per unit of the windows produced during the month of March (using the activity-based costing approach).
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Merritt Equipment Company sells computers for $1,790 each and also gives each customer a 2-year warranty that requires the company to perform periodic services and to replace defective parts. During 2014, the company sold 850 computers.
classify the subsequent accounts according to the preferred and ordinary balance sheet presentation.
The Chadmark Corporation's budgeted monthly sales are $3,000. In the first month, 40% of its customers pay and take the 2% discount. The remaining 60% pay in the month following the sale and don't receive a discount.
at an output level of 73000 units you evaluate that the degree of operating leverage is 2.90. the output rises to 78000
andrew brian colin diana and elizabeth were the directors of gemsales pty ltd a company engaged in the business of
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