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Question - On January 1, 2021, Blossom Corporation had 980,000 shares of common stock outstanding. On March 1, the corporation issued 150,000 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 market 540,000 of its own outstanding shares and retired them. Compute the weighted average number of shares to be used in computing earnings per share for 2021.
Compute the unit product cost that would appear on the job cost sheet for this job. (Round your answer to 2 decimal places
In December 2019, it provided four tutoring sessions to a client, who agreed to pay $400 after every 10 sessions. Record adjusting entries required on December
Anne purchased an annuity from an insurance company that promised to pay her $24,000 per year for the next ten years. Anne paid $176,400 for the annuity, and in exchange she will receive $240,000 over the term of the annuity. How much of the first $2..
Sky Company collected $12,350 in interest during 2013. Sky showed $1,850 in interest receivable on its December 31, 2013, balance sheet and $5,300 on December 31, 2012.
Using the P/E ratio to set the initial price: if earnings per share are $3 and industry average P/E ratio is 15, which formula generates a safe price for IPO
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What would the present value of the mine's revenue have been in 2016, assuming a simple annual discount rate of 3% and a bauxite price of $38 per tonne
Spruce Sprocket Enterprises issued zero-coupon bonds several years ago. What is the yield to maturity of each of these bonds
YN has 140000 preference shares issued at $50 (10%, cumulative) and 20000 ordinary shares. Find dividend per share to preference shareholders
As of December 31, 2021, Silk owed Poly-Ester $42,000. What is the value of the non-controlling interest on December 31, 2019
Fiona is a highly compensated employee of GreatWorks, Inc. Which of the following fringe benefits would be taxable to Fiona?
Calculate the return on equity for the aggressive and conservative plans. Butler Corporation is considering what level of current assets to maintain
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