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Ford Motor Company
1. Show the change in Retained Earnings for the 2 most recent years. What was net income for each year? How much was paid out in dividends each year?
2. Were the dividends on common stock and/or preferred stock? What was the amount of each?
3. Did Retained Earnings change for any reasons other than net income or dividends? Explain.
4. What classes of stock does this company have?
5. How many shares of each class of stock are authorized, how many are issued, and how many are outstanding?
6. Does this company have any treasury stock? How many shares and what dollar amount?
7. What is the par or stated value of each of this company's stocks?
8. How many significant accounting policies are listed under its Summary of Significant Accounting Policies?
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Flexible Budget 25% Cost Formula to calculate Manufacturing Overhead Emory Company as follow. Cost Formula relevant for range 15,000 to 25,000 machine hours annually. Make flexible budget for increment 5,000 machine hours. Calculate all expenses into..
Assume that Chapman Company acquired Abernethy's common stock for $490,000 in cash. As of January 1,2009, Abernethy's land had a fair value of $90,000, its buildings were valued at $160,000, and its equipment was appraised at $180,000. Chapman use..
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Which of the following statements is false? (a) Receivables include equity securities purchased by the company.
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