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A company has 1,000 shares of 8%, $50 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock outstanding at December 31, 2009, and December 31, 2010. The board of directors declared and paid a $3,000 dividend in 2009. In 2010, $12,000 of dividends are declared and paid.What are the dividends received by the common stockholders in 2010?
middletown usa currently has a population of 1.5 million people. it has been one of the fastest growing cities in the
The following control procedures are used at Sandwich Company for over-the-counter cash receipts. For each procedure, explain the weakness in internal control, and identify the control principle that is violated.
If fixed costs are $700.000 and the unit contribution margn is $14, what amount of units must be sold in order to realize an operating income of $100.000
The number of equivalent units of production for conversion costs for the period was
How is this information useful to you from a managerial perspective? Explain your reasoning and support your conclusions with the numbers you have pulled out for the comparison above.
norton company reports the following operating results for the month of august sales 310000 units 5000 variable costs
borden company has the choice between two investments. investment 1 will generate a 27000 deductible loss this year
a. dryer manufacturing produces and sells containers designed to hold liquid beverages. the sales budget for 2011 is as
1. why should interested parties thoroughly review an organizations financial statements? 2. why are
harvard company purchased equipment having an invoice price of 11500. the terms of sale were 210 n30 and harvard paid
At the beginning of the year, Uptown Athletic had an inventory of $400,000. During the year, the company purchased goods costing $1,600,000. If Uptown Athletic reported ending inventory of $600,000 and sales of $2,000,000, their cost of goods sold..
What are the advantages of the four different special journals? When would you use each type? What is a subsidiary ledger and what purpose does it serve?
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