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Following is a recent Microsoft press release:
REDMOND, Wash.-September 18, 2009- Microsoft Corp. today announced that its board of directors declared a quarterly dividend of $0.13 per share. The dividend is payable December 10, 2009 to shareholders of record on November 19, 2009.
Prepare the journal entries Microsoft used to record the declaration and payment of the cash dividend for its 8,908 million shares.
Akron Incorporated purchased an asset at the beginning of Year 1 for $375,000.
On January 1, 2010, Garner Corporation purchased 25% of the common stock outstanding of Landon Corporation for $250,000. During 2010, Landon Corporation reported net income of $80,000 and paid cash dividends of $40,000.
Penn accordingly accounted for this lease transaction as a capital lease. The lease payments were determined to have a present value of $671,008 at an effective interest rate of 8%. With respect to this capitalized lease, Penn should record for 20..
a firms cash dividends were 3.96 per share of common stock for calendar 2008. in 2009 the stock was split 3 for 1 and
A soft drink maker wants to expand into a neighboring country. They want the product bottled in that country to avoid political issues and to enhance the local image of the product.
Gottberg has 2,000 pounds of resin in beginning inventory and wants to have 2,400 pounds in ending inventory. How much is the total amount of budgeted direct labor for April?
tim dye the cfo of blackwell automotive inc. is putting together this years financial statements. he has gathered the
acme co. has a capital structure based on current market values that consists of 50 percent debt 10 percent preferred
Present, in general journal form, the elimination entries for the preparation of a consolidated balance sheet workpaper on January 1, 2011. The difference between the value implied by the purchase price of the investment and the book value of the ..
an asset not an automobile put in service in june 2012 has a depreciable basis of 35000 and a recovery period of 5
a company has a total cost of 50.00 per unit at a volume of 100000 units. the variable cost per unit is 20.00. what
at the beginning of 2010 a company had retained earnings of 1500000. during 2010 the company reported income from cont.
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