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Miles Co. had these transactions during the current period. June 12 Issued 50,000 shares of $3 stated value common stock for cash of $250,000. July 11 Issued 2,000 shares of $100 par value preferred stock for cash at $108 per share. Nov. 28 Purchased 2,000 shares of treasury stock for $10,000. Prepare the journal entries for the preceding transactions. (Cr Jun-12 Cash Dr 250000 Common Stock Cr 150000
the following information is available for a company sales 1000000 selling expenses-variable 22000 selling
on december 31 2013 jumble inc. borrowed 1000000 at 10 payable annually to finance the construction of a new building.
If the yield to maturity for a bond is less than the bond's coupon rate, the market value of the bond is __________
felton co. sells major household appliance service contracts for cash. the service contracts are for a 1-year 2-year or
werner chemical inc. leased a protein analyzer on september 30 2013. the five-year lease agreement calls for werner to
on january 1 2012 jason company issued 5 million of 10-year bonds at anbsp 10 stated interest rate to be paid annually.
Determining Net Cash Flow from Operating Activities Indirect Method [LO4]. Required Prepare the operating activities section of the statement of cash flows using the indirect method.
You have deposited $8,369 in a special account that has a guaranteed interest rate of 13% per year. If you are willing to completely exhaust the account, what is the maximum amount that you could withdraw at the end of each of the next 8 years?
It did not pay any dividends during the year. By what amount would Athlon's investment in Opteron Corporation increase for the year, if Athlon used the equity method.
apple and phillips balance sheets for year ending 2012.comment on three difference between their balance sheets. also
edgar inc. has a materials price standard of 2.00 per pound. six thousand pounds of materials were purchased at 2.20 a
in calculating wacc for the cost of debt use the current cost of debt with the assumption that there is no need to
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