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DiCenta Corporation reported net income of $283,000 in 2012 and had 50,000 shares of common stock outstanding throughout the year. Also outstanding all year were 5,670 shares of cumulative preferred stock, each convertible into 2 shares of common. The preferred stock pays an annual dividend of $5 per share. DiCenta' tax rate is 40%. Compute DiCenta' 2012 diluted earnings per share.
Prepare the Current Liabilities section of the balance sheet for New Wave Co. on March 31, 2013.
Which extended the useful life of the truck for an additional two years beyond that originally estimated (salvage value is still estimated at $24,000). In computing depreciation for annual adjustment purposes, expense is calculated for each month ..
The company will purchase the carpets from a local distributor for $350 each, with the privilege of returning any unsold units for a full refund. Jerry's club has offered Color Rugs two payment alternatives for the use of space.
the carlquist company makes and sells a product called product k. each unit of product k sells for 32 dollars and has a
Compare and contrast the five types of analytical procedures. Determine for which situations each is best suited. Defend your answer.
Lee needs money and therefore sells the note to Chicago National Bank, which demands interest on the note of 10% compounded semiannually. What is the amount Lee will receive on the sale of the note?
sanchez company has just completed a bond issue which resulted in 150000 of 5 year 8 bonds. interest is paid annually.
Vial-tek has an existing loan in the amount of $3.5 million with an annual interest rate of 9.5%. The company provides an internal company-prepared financial statement to the bank under the loan agreement.
What is the budgeted tuition revenue for the upcoming academic year ? How many faculty members will be needed to teach classes in the upcoming year ?
blanton corporation purchased 35 of the outstanding shares of common stock of worton corporation as a long-term
Save the Squirrels, Inc., a 501(c) (3) organization that feeds the squirrels in municipal parks, receives a $250000 contribution from Animal Feed, Inc., a corporation that sells animal feed.
cleary wasser and nolan formed a partnership on january 1 2010 with investments of 100000 150000 and 200000
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