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Topper Corporation has 80,000 shares of $1 par value common stock and 52,000 shares of cumulative 6.6%, $100 par preferred stock outstanding. Topper has not paid a dividend for the prior year. If Topper declares a $1.45 per share dividend this year, what will be the total amount they must pay their shareholders?
If fixed costs are $561,000 and the unit contribution margin is $8.00, what is the break-even point in units if variable costs are decreased by $.50 a unit?
Manufacturing costs consisited of direct labor,$30000,direct materials $32000,varible manufaacturing overhead,$3500,fixed manufactring overhead $21500.Selling and administrative costs are all fixed and totaled $24000.Beginning inventory consists o..
over the last two years barton company had net income as follows 2009 80000 net income 2010- 100000 net income what was
Prepare the entry for May 1, 2007. The bonds are sold on August 1, 2008 for $425,000 plus accrued interest. Prepare all entries required to properly record the sale. (Show all calculations).
comparative financial statements for heritage antiquing services for the fiscal year ending december 31 appear on the
true or false1. the net present value of a project will be negative if the required rate of return is greater than the
at a break-even point of 400 units sold variable expenses were 4000 and fixed expenses were 2000. what will the 401st
Bruce debited cash and credited unearned rent revenue for $600,000. At December 31, 2009 (the end of the accounting period), give the adjusting entry Bruce should make in respect to the rent.
steverino inc. offers a restricted stock award plan to its vice presidents. on january 1 2013 the corporation granted
a firm is considering several policy changes to increase sales. it will increase the variety of gods it keeps in
From the following selected data, compute: Net cash flow provided (used) by operating activities. Net cash flow provided (used) by investingactivities.
1. bank reconciliation information for cole co. for may 31 2011 is as followsathe bank statement balance is 2936.bthe
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