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Question - On January 1, 2020, Pirates Corporation had 300,000 common shares outstanding (no preferred issued). On March 1, the corporation issued 45,000 new shares to raise additional capital. On July 1, the corporation declared and issued a 2 for 1 stock split. On October 1, the corporation purchased on the open market 180,000 of its shares at $ 35 each and retired them. Calculate the weighted average number of common shares outstanding to be used in calculating earnings per share for 2020.
Gage suspects some inventory may have been shoplifted. Prepare the entry, if necessary, to reflect the estimated loss from any shoplifted items
Find the fixed cost per unit based on planned activity and the fixed cost per unit based on actual activity. Find the sales and variable cost volume variances.
at the beginning of the current period griffey corp. had balances in accounts receivable of 200000 and in allowance for
Describe the 'maximisation of shareholder wealth' concept and contrast it with the notion of 'maximisation of profit'.
Calculate Helen's net pay. Sally Chapel works for Adams Photography in Alberta and earns an annual salary of $53,500.00 paid on a bi-weekly basis.
the marbury stein shop sells steins from all parts of the world. the owner of the shop clint marbury is thinking of
many small businesses might operate on a cash basis, most of the larger ones use the accrual basis to record business events
Required: Compute the fair value of LLL's liabilities that Compton incurred in the acquisition.
The liabilities of Olga Company are $90,070. Common stock account, What is the amount of Olga Company's total assets
ABC Company's budgeted sales for June, July, and August are 13,400, 17,400, and 15400 units. Calculate number of pounds of raw material to be purchased in June.
The remainder of the 40-hour week is spent on administrative work. What hourly rate (to the nearest hour) would cover the cost of each financial adviser?
Assume that for the August 20 payroll, McFriend, Inc. (RE13-3) incurs the following payroll expenses:
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