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Dulce Corporation had 220,000 shares of common stock outstanding during the current year. There were also fully vested options for 13,500 shares of common stock were granted with an exercise price of $20. The market price of the common stock averaged $25 for the year. Net income was $4.5 million. What is diluted EPS? (Round your answer to 2 decimal places.)
Modern Mother Magazine has received cash subscriptions on April 1, 2009 in the amount of $3,600,000 for the next three years. Their year-end is December 31, 2009.
For tax year 2010, the partnership earned revenue of $500,000 and had operating expenses of $200,000. During the year, Wayne withdrew from the partnership a total of $64,000. He also invested an additional $20,000 in the partnership. For 2010, Way..
The labor standard for a product was five hours at a wage rate of eight dollars if a company produce 900 units and labor cost was $35, 250.00 and 4700 hours of labor. What would the labor cost be?
aaron and kim form a partnership by combining the assets of their separate businesses. aaron contributes accounts
Using the book value method, record the conversion of $9 million of bonds into common stock with a $10 par value if the conversion occurred when the market price of the common was $24 per share, and total convertible debt outstanding amounted to $..
q1.bob company purchased equipment on january 1 2011 for 80000. it is estimated that the equipment will have a 8000
Why may net cash flow from operating activities on the cash flow statement be different from the amount of net income reported on the income statement?
slim corp. requires a minimum 8000 cash balance. if necessary loans are taken to meet this requirement at a cost of 1
Common stock balance sheet disclosure
Why is a knowledge of accounting concepts and terminology useful to anyone in a business activity? Is there a difference between bookkeeping and accounting? Discuss.
on march 3rd blowout sales sells makes 3450.00 in cash sales of general merchandise which have cost of 1215.00. blowout
What is the Net Present Value of the project?
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