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The balance sheet caption for common stock is: Common stock, no par value, 7,000,000 shares authorized, 4,600,000 shares issues 4,450,000 shares outstanding $552,000,000. (a.) Calculate the average price at which the shares were issued. (b.) If these shares had been assigned a stated value of $10 each, show how the above caption would be different. (c.) Calculate the total amount of cash that would be paid to stockholders if a cash dividend of $1.50 per share were declared.
a company purchased mineral land estimated to contain 200000 tons of recoverable ore. it installed machinery costing
Sarah is listening to her roommate to provide emotional support in a time of distress. According to your textbook, Sarah is engaged in listening.
Compare and contrast the key similarities and differences between GAAP and IFRS with respect to income tax accounting. Analyze two (2) tax differences and determine which difference would provide the greatest tax benefit to a corporation. Writ..
she buys five deluxe mixers on account from kzinski supply co. for 2750 terms n30. she pays 100 freight on the january
freda acquired a passive activity this year for 870000. gross income from operations of the activity was 160000.
If it distributes its after-tax income to its shareholders whose dividend tax rate is 15 percent, what is the total tax and the combined effective tax rate on this corporate income?
which of the following principles require the application of the lower-of-cost-or-market rule? answer accounting
For one of the following situations, indicate whether the organization should recognize the described contributed services as revenue (offset by a corresponding expense). Briefly justify your response or identify key issues.
area company purchased a delivery van at a cost of 30000 cash on january 1 2013. the van has an estimated useful life
assume the following cost and revenue data for general hospital fixed costs 15000000. variable cost per inpatient day
evan transferred inventory to a corporation in a code section 351 transaction. his basis in the inventory was 10000 and
Journalize the initiation of the loan, the recognition of interest expense for the quarter and the payment of the note on its due date.
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