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1.McDonnell Myer Corporation reported net income of $741 million. The company had 544 million common shares outstanding at January 1 and sold 36 million shares on Feb. 28. As part of an annual share repurchase plan, 6 million shares were retired on April 30 for $47 per share. Calculate McDonnell Myer's earnings per share for the year.
your friend is getting ready to start a new business and she wants to know whether she should use the cash or accrual
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His intention is to repay the loan as soon as possible. Will the loan solve his problem? Explain Is an ethical problem raised here? Explain.
Book value is computed
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In its first month in business, Jones, Inc. sold merchandise to customers on account for $119,800. It collected $72,000 on those sales during the first month and recorded Revenue for the period of $119,800.
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on march 1 fixtures and equipment were purchased for 4000 with a downpayment of 2000 plus a 2000 note payable in one
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