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Problem 1: Differentiate between stock certificate and capital stock.
Problem 2: What are the important provisions of the Articles of Incorporation? By-laws?
Problem 3: How much is the minimum required pre-incorporation subscription and paid up capital? What may be the form of payment on capital stocks?
If Dome earns 15 percent on sales before discounts, what will be the net change in income if the new credit terms are adopted? (Use a 360-day year.)
Suppose you are a loan officer for a bank. A start-up company has qualified for a loan. You are pondering various proposals for repayment: Lump sum of $250,000 five years hence. How much will you lend if your required rate of return is (a) 8%, compou..
How can we best interpret the results in order to make recommendations regarding marketing decisions? Do you think the same person or group should do both the interpretation and the recommendations? Why or why not?
The Coates Co. expects to sale 8,000 units in June, 12,000 in July, 10,000 in August, and 9,000 in September. All sales are for $35 per unit. 30% of the sales are cash sales. Of the remaining 70% (the credit sales), Coates collects 37% of them in the..
David had studied MPA and received HELP loan of $12,000. Calculate his HELP repayment liability. How much would he have to pay if his HELP loan was only $1,050?
Brant Corporation manufactures two products out of joint process: Scout an Andro. The joint costs incurred are $400,000 for a standard production run that generates 70,000 pounds of Scout and 30,000 pounds of Andro. If additional processing costs bey..
Compute the depreciation expense to be recognized each calendar year for financial reporting purposes under the 200 percent declining-balance method
Advise BHP Billiton Ltd. on what form of legal structure the gold exploration company incorporate? Why would you recommend this structure?
accounting for decision-makingyou will choose a public company and prepare a financial analysis of the company based on
Using 360 days as the denominator, calculate interest for the following notes using the formula I = P × R × T. Round your answers to the nearest cent.
What is the clinic's current level of business debt? A not-for-profit clinic is required to make monthly payments of $31,819.65 for the next 10 years
The company could issue 300,000 additional shares of $1 par value common stock for $8 per share The company will begin paying a dividend to the common shareholders of $0.25 per share and this will continue into the future. What is the annual cash req..
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