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Question - On December 31, 20x0, Broncos Company had 100,000 shares of common stock outstanding and 30,000 shares of 7%, $100 par, cumulative, non-convertible preferred stock outstanding. On February 28, 20x1, Broncos purchased 24,000 shares of common stock on the open market as treasury stock paying $45 per share. Broncos sold 6,000 of the treasury shares on September 30, 20x1, for $47 per share. Net income for 20x1 was $540,000. The income tax rate is 40%. Also, five thousand 6% bonds were issued at par ($5,000,000) on January 1, 20x1. Each $1,000 bond is convertible into 125 shares of common stock. None of the bonds had been converted by December 31, 20x1. Compute basic and diluted earnings per share for Broncos Company for 20x1.
What is total payroll-related costs as a percentage of total wages and salaries expense. What is the net amount of cash actually paid to employees
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If Scottrade routes your buy order to the? NYSE, where Berkshire Hathaway is? listed, what's the potential minimum your total transaction costs will? be?
Calculate the total cost of direct material and conversion occurred during April - Determine the cost of the work-in-process inventory on April 30
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LEGO Tunes manufactures a Teddy Bear with moving parts and a built-in voice box. Find the unit production budget for Teddy Bear for January
What specific criteria might you use to evaluate the honesty of the controller's office if an independent sudit revealed multiple areas of consistent mistakes?
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