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On September 26, 2013, Vu Industries announced a 3-for-1 common stock split.
Which of the following items would be increased by the stock split? (check all that apply)
Cash from Financing Activities
Net Income
Par Value
Shares Outstanding
Additional Paid in Capital
Mars investments acquired $150,000 of pluto corp., 8% bonds at their face amount on September 1, 2014. the bonds pay interest on September 1 and march 1. on march 1, 2015 mars sold $75,000 of pluto corp. bonds at 102.
Equipment that was worn out and obsolete was sold for $10,000 at the end of the year. The equipment originally cost $600,000 and had a net book value of $65,000 on the date it was retired - Using the information above, produce a consolidated cash flo..
Create he journal entry to record the purchase of treasury stock by the cost method. 5,000 shares of treasury stock are reissued at $33 per share. Prepare the journal entry to record the reissuance by the cost method.
Following are production data for a process costing system. Compute EUP for DM and CC if DM costs are incurred evenly throughout production. Using the weighted average, prepare a process costing report.
On April 1, 2014 Rizzo Company purchased $80,000 of 4.5%, 20 year energizer company bonds at their face amount plus one month’s accrued interest. The bonds pay interest on March 1 and September 1.
explain how the perpetual and periodic inventory systems differ especially in determining cost of goods sold and ending
Compute the inventory turnover ratio for the fiscal year 2012. Also compute it for the fiscal year 2011. What conclusions can you make?
Daan Corporation wholesales repair products to equipment manufacturers. On April 1, 2014, Daan Corporation issued $5,600,000 of 10-year, 11% bonds at a market (effective) interest rate of 10%, receiving cash of $5,948,940. Interest is payable semi an..
Raw materials are expected to cost $4 per unit throughout the period - Calculate the May raw materials purchases in dollars.
Team Spirit Calendars imprints calendars with college names. The company has fixed expenses of $1,095,000 each month plus variable expenses of $6.50 per carton of calendars. Compute the number of cartons of calendars that Team Spirit Calendars must s..
question sports and surf label billabong has the hardest working brand in australia according to a new report on the
Master Budgeted income statement using Variable Costing and Overhead is applied on the basis of machine hours. The planned level of activity(denominator level) is 320,000 machine hours. The total budgeted fixed overhead is $800,000.
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