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The company showed profit of $1,500,000. It authorized payment of $200,000 in dividends. They have the following stock outstanding 50,000 shares of common stock 500 shares of $200 par value, 5% cumulative preferred stock.What was the company's dividend per share of common stock?
On January 1, 2009, Glenville Co. acquired 80,000 of the 100,000 shares outstanding in Acron Corp. for $500,000. The fair value of Acron's net assets was $600,000 and Glenville will account for its interest using the acquisition method.
Explain how an auditor defines or describes what a material misstatement would be for a particular client from both a qualitative and quantitative perspective.What is the audit risk model discuss each of the risk factors in this model and the rela..
1. on march 31 2013 home decorating pavilion received a bank statement containing a balance of 9750. the balance in the
Abbey Ltd purchased machinery on 1 October 2010 for $80 000. The estimated useful life of the machinery is 5 years, with an estimated residual of $5000. The entity's balance date is 30 June, and it uses the straight line method of depreciation. On..
Common stock of Ely Inc. (30% ownership), cost $210,000, equity $270,000. Prepare the investments section of the balance sheet.
A Kubota tractor acquired on January 9 at a cost of $75,000 has an estimated useful life of 20 years. Assuming that it will have no residual value, determine the depreciation for each of the first two years:
shawn bates was working to establish a business enterprise with four of his wealthy friends. each of the five
data not yet recorded at december 31 2011 included a. the supplies count on december 31 2011 reflected 240 remaining
your hospital has been approached by a major hmo to perform all their ms-drg 470 cases major joint procedures. they
a company normally sells a product for 20 per unit. variable per unit costs for this product are 2 direct materials 4
Prepare a report of net cash flow from operating activities.
Define the concept of a real option. Discuss some of the various real options a firm can be confronted with when investing in real projects.
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