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Suppose that the market price of Company X is $45 per share and that of Company Y is $30. If X offers three-fourths a share of common stock for each share of Y, the ratio of exchange of market prices would be:
A. .667
B. 1.0
C. 1.125
D. 1.5
Tunley began Tunley Office Services in October and during that month completed these transactions: Prepare journal entries to record the above transactions. Explanations are unnecessary.
check a publicly held multinational company of your choice. research its filings to the sec mostly the 10-k and 10-qs.
Barry creates a trust with property valued at $7 million. Under the terms of the trust instrument, Michelle (age 48) receives a life estate, while Terry (age 24) receives the remainder interest. In the month the trust is created, the interest rate is..
Laurey Inc. is working on its cash budget for May. The budgeted beginning cash balance is $43,000. Budgeted cash receipts total $124,000 and budgeted cash disbursements total $118,000. The desired ending cash balance is $67,500. To attain its desired..
The standard cost is how much a product should cost to manufacture and because accountants have financial expertise, they are the only ones that are able to set standard costs for the production area.
kimm company has gathered the subsequent information about its product.direct materials each unit of product contains
1. a company uses 40000 gallons of materials for which it paid 9.00 a gallon. the materials price variance was 80000
What amount of gross profit did the company report in its income statement for 2013?
What are the FAS 157 disclosure requirements for pension and OPEB plans?
It would be difficult for a private firm to make a profit if it produced and sold:
Assume that IBM leased equipment that was carried at a cost of $150,000 to Sharon Swander Company. The term of the lease is 6 years beginning January 1, 2014, with equal rental payments of $30,044 at the beginning of each year. All executory costs ar..
In the month of March, Style Salon services 660 clients at an average price of $160. During the month, fixed costs were $21,700 and variable costs were 65% of sales. Determine the contribution margin in dollars, per unit, and as a ratio. Using the co..
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