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On 1/1/2012 Company ABC gets 20,000 shares of company XYZ at cash price of $10 per share. Company XYZ has 300,000 shares issued and outstanding. On 6/15/12, Company XYZ declares dividends of $2 per share. These dividends are paid on 7/1/12. For period of 1/1/12 to 12/31/12 Company XYZ has a net loss of $600,000 and market price of its shares is $12 for each share. Create journal entries for Company ABC.
Evaluate the cash balance at the end of the first year for Alpaca Corporation
The bank will charge a 2 % finance charge on the amount of receivables transferred. The bank will collect receivables straight from customers. The sale criteria are met.
Evaluate what is the ROI for the Shellfish Division, before and after the proposed purchase of Shrimp Inc and find what is the residual income for the Shellfish Division, before and after the purchase of Shrimp Inc.?
When more than one factor causes variations in the variable element of a mixed cost, multiple regression analysis. the high-low method is generally more accurate than the least-squares regression method in analyzing cost behavior.
Determine what amount should Funzy report as a promotional expense on its December 31, 2011, income statement?
Prepare income statements for 2037, 2038, and 2039 under the subsequent approaches to interperiod income tax allocation
Find how much overhead is allocated and evaluate what is the over/under absorbed overhead - Make a job order cost sheet for the 100 widgets
Intermediate has 2,000 stock options outstanding for the whole year. Each option will be exchanged for one share of common stock at an exercise price of $20.
Why is overhead allocation required in most manufacturing environments?
Discuss and describe whether Betty get out of this contract? You must examine each element of a valid contract in your discussion along with any exceptions
Evaluate the basic earnings per share for 2008 and evaluate the diluted earnings per share for 2008.
Evaluate approximate Activity Cost Driver Rates (ACDR) for the drivers you have chosen.
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