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200,000 shares of c/s issued and outstanding at Dec. 31, 2009. July 1, 2010 issued a 10% stock dividend. Unexercised stock options to purchase 40,000 shares of c/s at $20 per share were outstanding at the beginning and end of 2007. Market price of c/s was $25 per share during 2010. NI for the year ended Dec. 31, 2010 was $1,100,000. What is the diluted EPS?
Partners Gina Carolton and B. Mosley are provided salary allowances of $30,000 and $25,000, respectively. They divide the remainder of the partnership income in a ratio of 60: 40. If partnership net income is $50,000, how much is allocated to Caro..
the real risk-free rate is 3 and inflation is expected to be 3 for the next 2 years. a 2-year treasury security yields
doughboy bakery would like to buy a new machine for putting icing and other toppings on pastries. these are now put on
aretha has an agi of less than 100000 and a 25 percent marginal tax rate. during the year she reports a 36000 loss from
courtney sinclaire is trying to rent a new bicycle. she has narrowed her choices to two lease arrangementseach with
The income statement of Holly Enterprises shows operating revenues of $134,800, selling expenses of $38,310, general and administrative expenses of $36,990, interest expense of $580, and income tax expense of $13,920.
for this discussion assume your company has hired research in motion to install and service a server to link all
last year the house of orange had sales of 826650 net operating income of 81000 and operating assets of 84000 at the
On December 16, 2008, the company's controller made a preliminary estimate of the predetermined overhead rate for the year 2009. The new rate was based on the estimated total manufacturing overhead cost of $3,402,000 and the estimated 63,000 total..
Lynch Printing Company determines that a printing press used in its operations has suffered a permanent impairment in value because of technological changes. An entry to record the impairment should:
stanley department stores reported net income of 720000 for the year ended december 31 2013. additional
List the accounts and amounts of the company's shareholders equity.
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