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Cooren Ltd has 1520000 ordinary shares on issue at the beginning of the year, 1 July 2014. These shares were issued at $2.00 each and have a current market value of $3.50. On 1 October 2014, 400000 ordinary fully paid shares were issued for at the current market value of these shares. On 1 March 2015 Cooren Ltd bought back 100000 shares originally issued at $2.50 for $3.25 each. What is the weighted-average number of shares calculated in accordance with AASB 133?
On January 1, a company issued 4%, 10-year bonds with a face amount of $75 million for $63,842,205 to yield 6%. Interest is paid semiannually. What was the straight-line interest expense on the December 31 annual income statement? (Enter your answer ..
Magdalena Schmitz has undergone some major changes in her life recently. In 2012, at the age of 46, her husband, Roger, passed away. Magdalena has not remarried as of the end of 2014.
Cookie Creations is gearing up for the winter holiday season
You are to enter up the necessary accounts for the month of October from the following information relating to a small printing firm. Then balance-off the accounts and extract a trial balance as at 31 October 2017.
Explain how Christine should treat each of the five transactions listed above according to the appropriate accounting concepts and Christine has been supplying nurses to a small, private hospital for three months but has not yet received her commiss..
Product Pricing: Two Products Quality Data manufactures two products, CDs and DVDs, both on the same assembly lines and packaged 10 disks per pack. The predicted sales are 400,000 packs of CDs and 500,000 packs of DVDs.
the monthly break-even point in unit sales will increase-the monthly break-even point in unit sales will decrease-the monthly break-even point in unit sales will not change
In theory, when a periodic system is in use, which inventory price flow assumption could assign inventory cost to cost of goods sold even though the inventory has not yet been purchased by the merchandiser?
question amortization of intangibles. on january 1 of the existing year palm corporation purchases the total assets of
Integrative Case 4.1 a. Both Starbucks and Panera have larger than average ROA. However, Panera's ROA has typically been below that of Starbucks. What are the likely reasons for the relative levels of ROA between Panera and Starbucks? Analyze the dat..
Fashion Jewelers uses the perpetual inventory system. On April? 2, Fashion sold goods with a cost of $8,000 for $10,000 with terms of 33?/15, ?n/30. On April? 4, the customer reported damaged goods and Fashion granted a $2,000 sales allowance. On Apr..
Lisa Co. was organized on January 4, Year 2. For the year ended December 31, Year 2, Lisa had taxable income of $550,000 before charitable contributions.
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