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Quantum Technology had $652,000 of retained earnings on December 31, 20X2. The company paid common dividends of $33,300 in 20X2 and had retained earnings of $513,000 on December 31, 20X1.
a. How much did Quantum Technology earn during 20X2?
b. What would earnings per share be if 42,400 shares of common stock were outstanding? (Round your answer to 2 decimal places.)
Supply journal entries for each of the transactions. The numbers in the journal entries can be rounded to the nearest dollar. Develop an income statement in good form for Sanford Company for the first three months of 20x3
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discuss and describe what other capital budgeting approaches could be taken to allow for the increased riskiness of the estimated future cash flows
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