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Computing the Number of Unissued Shares The balance sheet for Crutcher Corporation reported 247,000 shares outstanding, 300,000 shares authorized, and 20,000 shares in treasury stock. Compute the maximum number of new shares that Crutcher could issue.
Determining the Amount of a Dividend Netpass Company has 300,000 shares of common stock authorized, 270,000 shares issued, and 100,000 shares of treasury stock. The company's board of directors declares a dividend of 50 cents per share of common stock. What is the total amount of the dividend that will be paid?
Recording Dividends On April 15, 2010, the board of directors for Auction. com declared a cash dividend of 40 cents per share payable to stockholders of record on May 20. The dividends will be paid on June 14. The company has 500,000 shares of stock outstanding. Prepare any necessary journal entries for each date.
During February the Lungren Manufacturing Company's costing system reported several variances that the production manager was surprised to see.
using program cycle and concept of top- down modular approach and pseudocode to design a suitable write program using
you are the senior accountant responsible for recording accrued liabilities at the end of the companys fiscal year.
Sondra deposits $2,000 in an IRA account on April 15, 2009. Assume the account will earn 3% annually. If she repeats this for the next nine years, how much will she have on deposit on April 14, 2019?
Axel Corporation acquires 100% of the stock of Wheal Company on December 31, Year 4. The following information pertains to Wheal Company on the date of acquisition:
linda age 37 who files as a single taxpayer had agi of 280000 for 2013. she incurred the following expenses and losses
april corporation in its first 3 years of operation paid out the following dividends year 1 0 year 2 27000 year 3
cpm construction plans to buy a truck for 150000and sell it for 15000 at the end of 5 years. the annual operating cost
mark captains a ferryboat. this ferryboat carries tourists on roundtrips from seattle to victoria and back each trip of
private college transactions. elizabeth college a small private college had the following transactions in fiscal year
Circle K Furniture has a contribution margin ratio of 16%. If fixed costs are $176,800, how many dollars of revenue must the company generate in order to reach the break-even point?
a companys income statement showed the following net income 130300 depreciation expense 31500 and gain on sale of plant
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