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Question - On January 2, 2017 the first year of operations, Alpha Corp issued 15,000 shares of $10 par value common stock for $15 per share. On july 1, 2017 Alpha Corp 1,000 of these shares were reacquired for $20 each. On September 1, 2017 Alpha Corp reissued 500 shares of its treasury stock for $22 per share. Use this info to determine the dollar amounts that alpha will report on its fiscal 2017 balance sheet
1. Common stock
2. Paid in capital common stock in excess to par
3. Treasury stock
4. Paid in capital treasury stock
Do SEC financial reporting rules apply to companies that are not publicly traded?
direct labor standards at cepeda manufacturing corporation allow 5 direct labor-hours for every unit produced. the
Calculate the price of a zero coupon bond that matures in 8 years if the market interest rate is 10 percent
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Advanced Electronics has two separate, but related, divisions: digital video and analogue video. What is the digital division's margin and turnover
maher inc. reported income from continuing operations before taxes during 2014 of 819000. additional transactions
The culmination of preparing operating budgets
Compute as many of the financial statement ratios you have studied as possible with the information provided for Copy Free Company
Yolanda Hagen, a former disc golf star, operates Yolanda's Discorama. At the beginning of the current season on April 1, the ledger of Yolanda's Discorama.
hamilton company manufactures engines. hamilton produces all the parts necessary for its engines except for one
provide the entry to record the acquisition of the asset and the annual rental payment
(a) What is a ledger?(b) What is a chart of accounts and why is it important?
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