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Common Stock-calculate issue price and dividend amount. The balance sheet caption for common stock is the following: Common stock without par value, 2,000,000 shares authorized, 400,000shares issued, and 360,000 shares outstanding..................$2,600,000 a. Calculate the average price at which the shares were issued. b. If these shares had been assigned a stated value of $1 each, show how the caption here would be different. c. If a cash dividend of $.60 per share were declared, calculate the total amount of cash that would be paid to stockholders. d. What accounts for the difference between issued shares and outstanding shares?
a company projects an increase in net income of 180000 each year for the next five years if it invests 900000 in new
Estimate the amounts of factory labor costs transferred to Work in Process and Factory Overhead for current month. Describe the effects on accounts and financial statements of factory labor costs transferred in(a)
As a monopoly, compute Quick Tax's output, price, and profits at the profit-maximizing activity level.
during june cisco company produced 12000 chainsaw blades. the standard quantity of material allowed per unit was 1.5
Determine the inventory turnover ratio and average days to sell inventory for the current year and explain the meaning of each number.
On January 1, 2004, Foster Company sold property to Agler Company which originally cost Foster $570,000. There was no established exchange price for this property.
A finance company advertise that it will pay kump sum of rs 10000 at the end of 6 years to investor who deposit annually Rs1000. what interest rate is implicit in this offer?
at the main street theater the cashier located in a box office at the entrance receives cash from customers and
cafe ole company acquired a fast-food restaurant for 150000. the fair market values of the assets acquired were as
if the allocation sequence is changed in a step-down method cost allocation which of the following will be affected?no
Estimate the cost of the merchandise destroyed and briefly describe the situations in which the gross profit method is useful.
saba enterprises needs a cash budget for the month of june. the following information is availablethe cash balance on
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