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Steverino Inc. offers a restricted stock award plan to its vice presidents. On January 1, 2013, the corporation granted 10 million of its $5 par common shares, subject to forfeiture if employment is terminated within two years. The common shares have a market value of $10 per share on the date the award is granted.
Required:
1. Assume that no shares are forfeited. Determine the total compensation cost pertaining to the restricted shares.2. Prepare the appropriate journal entries related to the restricted stock through December 31, 2014.
Maxey company had current and noncurrent liabilities of $50,000 and $150,000, respectively. The company's current assets were $76,000, out of a total asset figure of $424,000. Calculate the company's debt ratio.
X company bought many equipment and sub-lease them with some margin to its customers. Customers will own after the lease payments. Question: Can X company claim depreciation of these equipments given of sublease? X company claims deductions of lea..
medtrans is a profitable firm that is not paying a dividend on its common stock. james weber an analyst for a. g.
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the transactions below relate to xyz delivery company. indicate the effect of each transaction on the accounting
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samson wholesale beverage company regularly factors its accounts receivable with the milpitas finance company. on april
How much of home office expense can he deduct in 2014?
Explain some common internal controls that a company might have in place. What are they designed to protect? What are the reporting requirements regarding internal controls in the Sarbanes-Oxley Act?
20122011from the income statementnet sales729373678960from the balance sheetaccounts receivable net1491915036customer
Provide the journal entry to record the issuance of the bonds. Show computations. Provide the journal entry that Sloan should make on December 31, 2004, assuming straight line amortization. Show how the bond liability and the related accounts will ap..
compute index-number trend percents for the following accounts using year 1 as the base year. state whether the
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