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On April 15th, 2012, the board of directors for auction.com declared a cash dividend for 40 cents per share payable to stockholders of record on May 20. The dividends will be paid on June 14. The company has 500,000 shares of stock outstanding. Prepare any necessary Journal entries for each date.
the financial reporting carrying value of boze musics only depreciable asset exceeded its tax basis by 150000 at
nike inc. manufactures a single product thats sells for 180 per unit and its total variable cost is 135 per unit. the
rivera company has several processing departments. costs charged to the assembly department for november 2014 totaled
A program is considered major or nonmajor
The accounting records of Longacre Nursery, Inc., for Year 2 and Year 3 reveal the following: Prepare the journal entry to record income taxes for Year 2. Prepare the journal entry to record income taxes for Year 3.
Identify two ways to finance the remaining $20,000 you will need, so you can pay all of the liabilities when they are due.
two banks in the area offer 30-year 250000 mortgages at 6.1 percent and charge a 4100 loan application fee. however the
The operating expenses including depreciation expense of $200,000. ABC company pays tax at a rate of 30%. All sales and purchases are in cash. Calculate the operating cash flow of ABC company
alpha company manufactures a single product that sells for 110 per unit and whose total variable costs are 88 per unit.
forest outfitters is a retailer that is preparing its budget for the upcoming fiscal year. management has prepared the
During bankruptcy, US Corporation debt was reduced from $780,000 to $400,000. USA Corporation's assets are valued at $500,000. USA's NOL carryover was $400,000.
Write the details of each partner's contribution in narrative form. At least one of the partners must have contributed more than just cash. If other assets are introduced, they must be realistic. Explain where they came from if necessary.
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