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On january 1, guile corporation had 95,000 shares of no par common stock issued and outstanding. the stock has a stated value of $5 per share. During the year, the following occurred Apr 1 issued 25,000 additional shares of common stock for $17 per share June 15 declared a chas dividend of $1 per share to stockholders of record on june 30 july 10 paid the $1 cash dividend dec 1 issued 2,000 additional shares of common stock for $19 per share dec 15 declared a cash dividend on outstanding shares of $1.20 per share to stockholders of record on december 31 (a) prepare the entries to record these transactions (b) how are dividends and dividends payable reported in the financial statements prepared at december 31?
Jane asked the IT department to give her a price list for the new computer equipment. Additional IT personnel to support the increased workload created by the HR department- $200,000 annually. This amount includes fringe benefits and taxes. Prepare t..
Calculate the value of each investment based on the required rate of return - Estimate the cash flows for the investment under the listed base-case value assumptions. Calculate the project's NPV for these cash flows.
michelles flowering plants provides the subsequent information for the month of mayactual budgettulips geraniums tulips
Use information provided below on AGI, Family Structure and Filing Status, Itemized Deductions (relative to the Standard deduction), Withholdings, Tax Credits, and the tax rates to compute the average and marginal tax rate for a taxpayer.
What is the net advantage or disadvantage of re-working the keyboards?- What amount of shipping department costs should be allocated to these sales.
Duncan corporation has 2,000 shares of $100 par value, 6 percent cumulative preferred stock and 20,000 shares of $10 par value common stock outstanding. In its first four years of operation, Ducan Corporation paid cash dividends as follows: 2001, $15..
information on huntington power co. is shown below. consider the companys tax rate is 33 . debt 5500 5 coupon bonds
Companies often are under pressure to meet or beat Wall Street earnings projections in order to increase stock prices and also to increase the value of stock options. Some resort to earnings management practices to artificially create desired results..
Training employees to use standard amounts of materials in production is common. Typically large companies invest in this training but small organizations do not. One can observe these different practices in a trip to two different pizza businesses. ..
From the e-Activity, discuss the accounting principles that the identified company changed, and explain the major reasons why the company changed accounting principles. Give your opinion on whether you believe the change in accounting principles was ..
Assume that you are a CPA in public practice
Brozen Valley is a chain of 55 coffee shops.- The standard amount of ground coffee per cup is 0.75 ounces.- Compute material price and quantity variances
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