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Question - On December 31, 2015, Chronos Company had 300,000 shares of common stock issued and outstanding. Chronos issued a 5% stock dividend on June 30, 2016. On September 30, 2016, 40,000 shares of common stock were reacquired as treasury stock. What is the appropriate number of shares to be used in the basic earnings per share computation for 2016?
315,000.
307,500.
305,000.
Jane and Ed Rochester qualified for a $1,000 tax credit. Their employers withheld $1,800 in taxes from their paychecks (in the aggregate). Finally, the 2013 standard deduction amount is $12,200 and the 2013 exemption amount is $3,900. What is the cou..
the fasb asc paragraph 810-10-45-16 states acirceurooeligthe noncontrolling interest shall be reported in the
xy and z are partners in a firm sharing profits in 764 ratio.their respective fixed capitals are rs.80000rs.40000
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During the month, merchandise is sold for $23,500 cash and for $34,000 on account. The cost of merchandise sold is $41,500. What is the amount of gross profit?
Department of Bowman Freight Company for November
The auditors' work on cash may include preparing a description of controls and performing tests of controls. Which of these two steps should be performed first? What is the purpose of tests of controls?
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charter corporation which began business in 2013 appropriately uses the installment sales method of accounting for its
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