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During all of fiscal year 2017, Alpha Corporation had outstanding 100,000 shares of $10 par common stock and 5,000 shares of noncumulative, $100 par value, 7% preferred stock. For 2017, Alpha Corporation had $830,000 income from continuing operations and $575,000 loss on discontinued operations; dividends were paid only to preferred shareholders. Use this information to determine how much Alpha Corporation should report for 2017 basic earnings per share for net income (loss). If it is a loss EPS then present the dollar sign & value in brackets. (Round your answer to the nearest penny.)
Record the above transactions in general journal form and post to T-accounts.
An art dealer sold two artworks at $1520 thereby making a profit of 25% on the first work and 10% on the second, where as if he had approached any exhibition he would have sold them together for $1535 with a profit of 10% on the first and 25% on t..
on 112010 jannison inc. acquired 90 of techron co. by paying 477000 cash. there is no active trading market for techron
assume that as of august 1 2012 5000 units of flat panel displays have been produced and sold during the current year.
A city operates a municipal health clinic that provides outpatient care for children. The city charges fees for services from those who can afford to pay.
cawley company makes three models of tasers. information on the three products is given
candies inc. manufactures and sells two products marshmallow bunnies and jelly beans. the fixed costs are 350000 and
The company's direct labor rate is $22 per hour. Using the company's activity-based system, compute the customer margin of Big Sky Outfitters
Why is a statement of functional expenses considered an important financial statement for a voluntary health and welfare organization? How does a statement of functional expenses differ from the expense section of a statement of activities? Do the..
the ledger of custer company has the following work in process account. work in processacirc??painting 51 balance 3860
the assembly department uses a process cost accounting system and a weighted-average cost flow assumption. the
How many additional units must be sold to achieve breakeven after energy cost increase in comparison to the breakeven calculation before energy cost increase
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