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Kate purchased 500 shares per stock, AXB corporation, at the beginning of the year. She paid $43.89 a share for her stock. Her online broker charges $5.99 per transaction. At the end of the first quarter AXB paid a cash devidend of $0.35 a share, at the of the second quarter they issued a stock dividend of 0.05 shares for every share the stock holder owned. At the end of the third and fourth quarters they paid cash dividends of $0.25 a share. At the end of the year Kate decided to sell her stock and was able to receive $46.11 a share for her stock. What was Kate's TOTAL rate of return for her investment in the AXB corporation?
Explain the products and the production process and discuss specific costs you believe would be incurred prior to the cut off point.
Danny Inc. issued a 100% stock dividend of its common stock which had a par value of $.01, and a market value of $123 on declaration date and $62 on payment date. At what amount should retained earnings be capitalized for the additional shares issued
In December, Sara’s Sodas produced 4.1 million liters of the beverage. Manufacturing overhead was $1,405,000 and the cost per liter was $0.41. Labor costs were 20 percent of materials cost. Calculate the materials cost for December. Calculate the lab..
At the start of 2014, Santana Rey is considering adding a partner to her business. She envisions the new partner taking the lead in generating sales of both services and merchandise for Business Solutions. Prepare the January 1, 2014, journal entries..
You assemble the following information for Dillon Department Store, which computes its inventory under the dollar-value LIFO method.
calculating the projects net present value.caledonia is considering two additional mutually exclusive projects. the
Carson Smart is paid $1,200 every two weeks plus a taxable lodging allowance of $100. He is a participant in the company 401(k) plan and has $150 deducted from his pay for his contribution to the plan. He is married with two allowances. How much woul..
question 168. bobby sons and smith company was concerned that increased sales did not result in increased profits for
You decide to wait for five years before saving money toward retirement. You then wish to save a certain amount each year for 30 years
Discuss why you think the authors’ statement below cause’s confusion among students in regard to understanding the differences among FIFO, LIFO, and average cost. "Students have a difficult time understanding the difference between the physical flow ..
You have been given the task of evaluating and recommending a viable accounting information system for the accounting and financial data of your company. As you begin to research this system, you realize that many departments are involved in the info..
When product costs reflect the actual direct material costs, actual direct labor costs, and actual overhead costs, the cost system being used is a(n): a. direct cost system b. normal costing system c. actual cost system d. common cost system
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