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Exercise - Cullumber Corporation had 324,000 shares of common stock outstanding on January 1, 2017. On May 1, Cullumber issued 27,600 shares.
(a) Compute the weighted-average number of shares outstanding if the 27,600 shares were issued for cash.
(b) Compute the weighted-average number of shares outstanding if the 27,600 shares were issued in a stock dividend.
compare and contrast the analytic tree approach with the fault tree analysis approach. consider the pros and cons of
What is the difference between LIFO,FIFO and Weight Average by using Periodic method and Perpetual?
A company plans to sell 12000 units in month 1 and 13000 units in month 2. Sales will increase by 1000 units each month after that. Production will be scheduled so that at any one time the following will be held
a company had revenue of 740000 rent expense of 119000 utility expense of 11900 salary expense of 144500 depreciation
State unemployment: 3.4% on maximum earnings of $7,000; Determine (1) total earnings, (2) total deductions, and (3) cash paid
Assume at the beginning of 2012, the Ashlawn Village Street and Highway Fund (a special revenue fund) has cash of $300,000 offset by assigned fund balance.
(a) Calculate a pooled estimate of their assumed common true failure rate. (b) Calculate the test statistic (1.7). How many degrees of freedom does it have? Look up the 95 and 99% points of the corresponding chi-square distribution.
Zio Pty Ltd (Zio) was registered in 2006. Angus and Max are its only shareholders and directors. Zio's constitution provides that Clare is to be Zio's solicitor. Clare is Max's wife, but after marriage difficulties they have recently separated.
Prepare a statement of cash flows, using the indirect method of presenting cash flows from operating activities.
Assuming that the periodic inventory method is used, compute the cost of goods sold and ending inventory under (1) LIFO and (2) FIFO
Estimate the cost of the merchandise destroyed and briefly describe the situations in which the gross profit method is useful.
ACC103 - Prepare an income statement, a statement of changes in equity and a statement of cash flows for the month ended 30 April 2016, and a balance sheet
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