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Label the following transactions:
a. A Nevada Corporation formed a corporation in Florida and transferred all assets to it for 100 percent of its stock. It then distributed the stock to its shareholders in cancellation of their Nevada corporation stock and was dissolved.
b. ABC Corp. acquired all the stock of MNO Corp. for its convertible bonds. All MNO assets were transferred to ABC, whereupon MNO was dissolved.
c. A corporation issues $30,000 worth of its own voting stock to retire some of its outstanding bonds with a principal amount of $40,000.
d. Convertible preferred stock is converted into common stock of the issuing corporation.
e. A corporation incorporates a division and distributes the shares received pro rata to its shareholders.
f. A corporation distributes preferred stock for each 10 shares of common stock outstanding.
Harris Company produces a product whose cost is $10. Assuming the company uses a cost-plus pricing system, what profit would be earned on a selling price set to earn a profit margin of 20% of cost?
Complete the following activities and submit your answers to your instructor in a Word document formatted to proper APA specifications. Include any relevant supporting calculations.
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Each company from a financial analysis statement that was used to be attached so I can check - The Coca-Cola Company and PepsiCo.
Demand curve: When potatoes and butter cost $0.75 and $4 per pound, and an average income of $40,000 per year, At what price does the amount demanded equal 15 billion bushels per year?
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