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1. Bedard Corporation reported net income of $300,000 in 2010 and had 200,000 shares of common stock outstanding throughout the year. Also outstanding all year were 45,000 options to purchase common stock at $10 per share. The average market price of the stock during the year was $15. Compute diluted earnings per share.
Whitney Sewing and Alterations has just introduced a new line of alteration services for men's suits for which the company is trying to determine an optimal selling price. Marketing studies suggest that the company can increase sales by 2,000 unit..
The partner performing an engagement quality review will review the working papers and financial statements but will not perform which of the following?
Journalize the entries to record the foregoingtransactions. Indicate the amount of the interest expense in (a)2002 and (b) 2003.
Signal mistakenly porduced 1,425 defective cell phone. The cost $68 each to produce A salvege company will but the defective phone are they are for $34 eazh.
during 2011 actual number of units produced and sold was 5500. actual cost of direct materials used was 668800 based on
Tech Products reported a net loss of $80 million for the latest financial year. In addition, the firm reported a net capital expenditure of $70 million, and a change in noncash working capital of $10 million. Finally, the firm had $10 million in d..
ki corporation produces 10000 units of k101 each week for use in the assembly of its finished products. the unit cost
kendra companys standard labor cost of producing one unit of product dd is 4 hours at the rate of 14.04 per hour.
Assume Bradley-Link induced conversion by offering $150 cash for each bond converted. Prepare the journal entry to record (book value method) the conversion of 90% of the convertible bonds in January 2012.
2. Product Yellow-Product warranty costs cannot be reasonably estimated because this is a new product line. However, the chief engineer believes that product warranty costs are likely to be incurred.
Which expenditures qualify as a research and development cost
burgundy manufacturing uses a process cost system and computes cost using the weighted average method. during the
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