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Occidental Produce Company has 40,000 shares of common stock outstanding and 2,000 shares of preferred stock outstanding. The common stock is $0.01 par value; the preferred stock is 4% non-cumulative, with $100 par value. On October 15, 2014, the company declares a total dividend payment of $40,000. What is the total amount of dividends that will be paid to the common shareholders?
The basis for classifying assets as current or non-current is the period of time normally required by the accounting entity to convert cash invested in:
The estimated fair values of the assets are land $60,000, building $220,000, and equipment $80,000. At what amounts should each of the three assets be recorded?
Using these data, state or compute for the year the following amounts , Direct materials puchased for this answer I put $410,00 but what is the credit entry then and what is the connection with the end and beginning of the year. confused here.
Prepare a statement of cash receipts and disbursements for each of the four years under each alternative. What is the cumulative difference in cash flow for the four years taken together?
what is the time value of money? why should accountants have an understanding of compound interest annuities and
Merchandise is ordered on June 13; the merchandise is shipped by the seller and the invoice is prepared, dated, and mailed by the seller on June 16; the merchandise is received by the buyer on June 18; the entry is made in the buyer's accounts on ..
who prepares the internal control structure report? when is this report prepared?what types of audit opinions can the
evaluate the following statement made by an auditor in comparison with other accounts cash and marketable securities
Consider the key persuasive techniques used in consumer advertising - Critical issues that could arise from the areas - children and Advertising
A vacant lot acquired for $200,000, on which there is a balance owed of $120,000, is sold for $300,000 in cash. The seller pays the $120,000 owed. What is the effect of these transactions on the total amount of the seller's (1) assets, (2) liabili..
the following labor standards have been established for a particular productstandard hours per unit 1.7
a. What method should the assets in the Spain office be depreciated with for tax purposes? b. What is the total depreciation for the assets listed below for 2010?
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