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1. If I bought 400 shares of AllTell stock for $15 per share and one year later, sold the stock for $21 per share, and receive a $0.90 cash dividend:
a.What is the total dollar return earned for the year?
b.What is the rate of return (percentage) earned?
2. If Michelle purchased 100 shares of Home Depot common stock at the beginning of January for $25. She received a $1.25 dividend payment from the company at the end of December. At that time, the stock was selling for $27.50 per share.
a. What is the dollar return earned by Michelle during the year?
b. What is the rate of return (percentage) earned by Michelle?
Dana La Fontsee opened Pro Window Washing Inc. on July 1, 2012. During July the following transactions were completed:
Make journal entries to record the issuance of 100,000 shares of common stock at $20 per share for each of the following independent cases
For each of the following items, indicate whether it would be classified and reported under the operating activities (OA), investing activities (IA), or financing activities (FA) section of a statement of cash flows:
What is the impact of not balancing intercompany payables/receivables on a monthly basis? What is the impact on not eliminating intercompany payables/receivables during the consolidation?
What accounting factors are significant before evaluating whether a pending lawsuit should be accrued as a liability and reflected in the financial statements?
Evaluate the potential impact an upgrade can have on cost identification during the various stages of production an upgrade can have on cost identification during the various stages of production
Presented below are 3 unrelated situations involving equity securities: What is the effect upon carrying value and earnings for each of the situations above?
During its first year, the firm earned 249,000. Prepare the entry to close the firms income summary accounts as of its December 31 year end and to allocate the 249,000 net income to partners under each of the following separate assumptions:
In this way we could combine the recording and posting process into one step and save ourselves a lot of time. What do you think?
What are retained earnings? What items increase the balance in retained earnings? What items decrease the balance in retained earnings?
You've been asked to write down a memo explaining the process and address concerns by using citations from authoritative auditing literature.
Compute the total amount of goodwill of International Co. based on the price paid by Melissa Co. Prepare all journal entries in Melissa's accounting records relating to the investment for year ended December 31 under the cost method of accounting, ..
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