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Assume that the following data relative to Kane Company for 2013 is available: Net Income $2,100,000 Transactions in Common Shares Change Cumulative Jan. 1, 2013, Beginning number 700,000 Mar. 1, 2013, Purchase of treasury shares (60,000) 640,000 June 1, 2013, Stock split 2-1 640,000 1,280,000 Nov. 1, 2013, Issuance of shares 180,000 1,460,000 8% Cumulative Convertible Preferred Stock Sold at par, convertible into 200,000 shares of common (adjusted for split). $1,000,000 Instructions (a) compute average number of shares outstanding for 2013. (b) Compute the basic earnings per share for 2013. (Round to the nearest penny.)
What amount could Ray include in his gross income from receiving the life insurance proceeds? The insurance company paid Ray $16,000 interest on the life insurance proceeds through the period Carin's estate was in administration.
Find Maximization of total revenue to maximize profit
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The department actually completed 5,000 hours of production. Find out the budget for the department assuming that it uses flexible budgeting?
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Evaluate the length of the firm's cash conversion cycle and Cash Conversion cycle Based On Balance Sheet
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