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Question - A company's retained earnings balance at the beginning of the year is 53,600. Its common stock account balance is 85,000, and its paid- in capital in Excess par - common stock balance is 39,000, at the end of the year. Net income for the year is 36,400. Cash dividends declared and paid during the year is 5,500. Stock Dividends declared and distributed during the year is 12,100.
What is the company's retained earnings balance at the end of the year?
knight co. owned 80 of the common stock of stoop co. stoop had 50000 shares of 5 par value common stock and 2000 shares
What is the present value of $359,000 that is to be received at the end of twenty-three years, the discount rate is 11 percent, and semiannual discounting occurs?
What is the impact on net income over the two accounting periods
1 a fence 2 feet tall runs parallel to a tall building at a distance of 7 feet from the building. what is the length of
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Amber has a 20% ownership interest in an entity for which she initially contributed $100,000. She is one of the original owners of the business. None of the owners are related. During the life of the business, the following have occurred:
On February 26 a hurricane destroyed the entire inventory stored in a warehouse owned by the Rockford Corporation.
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If variable costs per unit increased because of an increase in hourly wage rate would the break even point increase,decrease, remain the same or increase or decrease depending on the percentage increase in wage rates?
Mr. Segal does not like the former movie-budget concept and desires to establish a formal cost estimation system. What are alternative methods of cost estimation that could be used in the movie making system? Briefly describe each method.
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