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Question - Hunter Corporation is authorized to issue 2,000,000, common shares. During its first three years of operation, Hunter issued 1,200,000 shares at $15 per share. In 2013, Hunter issued an additional 5,000 shares in return for equipment with a fair value of $75,000. The market price of the shares was $16 at the time of the sale. How many shares are authorized at the end of 2013?
The names of the employees of Matson Office Systems and their regular salaries are shown in the following payroll register.
This will result in significant cost savings for the firm; however, in the past, employees have been resistant to radical changes such as this. Evaluate the risks and rewards of such a move by the firm.
a total of 29 units were started and 4 spoiled units were detected and rejected at final inspection yielding 25 good
(a) Journalize the transactions. (b) Post to the ledger accounts. (c) Prepare a trial balance on April 30, 2014.
carlo company uses a predetermined overhead rate based on direct labor hours to apply manufacturing overhad to jobs.
They originally purchased the equipment for $37,000, and depreciation through the date of sale totaled $25,000
Lightning Semiconductors produces 300,000 hi-tech computer chips per month, What would be the effect on operating income if the company decides to outsource
In its first month of operation, Kuhlman Company purchased 280 units of inventory for $12, Compute the amount of phantom profit
gulf coast resins company processes a base chemical into plastic. standard costs and actual cost for direct materials
What is the difference between a manager and a leader? Search your personal network and find a supervisor or manager to interview and ask them how they learned.
Prepare the journal entry to record the purchase of bonds on January 1. Assume that the bonds are classified as available-for-sale
Under previous disclosure requirements of the SEC, dividends paid during the past two years to shareholders must be stated in the annual report.
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