Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The following is a news item reported by Reuters:
WASHINGTON, Jan 29 (Reuters)-Wright Medical Group, a maker of reconstructive implants for knees and hips, on Tuesday filed to sell 3 million shares of common stock.In a filing with the U.S. Securities and Exchange Commission, it said it plans to use the proceeds from the offering for general corporate purposes, working capital, research and development, and acquisitions.After the sale there will be about 31.5 million shares outstanding in the Arlington, Tennessee-based company, according to the SEC filing.Wright shares closed at $17.15 on Nasdaq.The common stock of Wright Medical Group has a par of $.01 per share.
Required:
Prepare the journal entry to record the sale of the shares assuming the price existing when the announcement was made and ignoring share issue costs.
What are some of the costs of providing accounting information? What are some of the benefits of accounting information? Describe the cost-benefit factors that should be considered when new accounting standards are being proposed
falcon co. produces a single product. its normal selling price is 30.00 per unit. the variable costs are 19.00 per
What are consolidated statements of operations?
fenton co. had net income for 2014 of 400000. the average number of shares outstanding for the period was 200000
In auditing, there is a real need for unbiased reporting and independent assurance. Give 2 examples of how an auditor could demonstrate compliance.
acme medical supply company desires a target operating income amount of 100000 with assumption inputs as follows bull
1.a local furniture store is advertising a deal in which you buy a 3000 dining room set and do not need to pay for two
lewis companys standard labor cost of producing one unit of product dd is 3.60 hours at the rate of 14.00 per hour.
nancys niche sells a single product. 8000 units were sold resulting in 80000 of sales revenue 20000 of variable costs
xeller company makes electronic keyboards. the practice model price is 220 and variable expenses are 190. the deluxe
clear sky sailmakers manufactures sails for sailboats. the company has the capacity to produce 15000 sails per year but
mark bahr amprobert engler decide to form a partnership.bahar invests 25000 cash and accounts receivable of 30000 less
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd