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Question - For 2014, EAB Corporation reported net income of $78,750; net sales of $1,378,125; and weighted average shares outstanding of 10,500. There were no preferred dividends. What was the 2014 earnings per share?
$17.50
$7.50
$75.00
$131.25
Indicate whether each procedure represents a strength or weakness. Explain your reasons. For each weakness, describe a change in procedures that would address the weakness.
How much money should Dustin and Christy put in the fund today? Assume they can earn 8% on their investment.
a company issued 5-year 8 bonds with a par value of 200000. the market rate when the bonds were issued was 7.5. the
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When auditors want to use a client's sales forecast for general familiarity with the production cycle or for evaluation of slow-moving inventory.
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Madison Industries uses the straight-line depreciation method. One asset had been purchased for $9,000. Annual depreciation expense was $800 after considering a residual value of $1,000. What was the approximate life of the asset?
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