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Problem - A corporation has 8,000 shares of 9% non-cumulative preference shares outstanding with P200 par value and 24,000 ordinary shares outstanding with P80 par value. At the end of the year, dividends of P360,000 were declared. How much dividends were paid to preference and ordinary shareholders?
What are the risks and liability factors in an audit? What are the implications to the auditor? What are the implications to the organization? How can the auditor mitigate these risks and liability factors?
what is the equation for determining operating income assuming the firm uses the variable-costing approach to product
How would your error affect breakeven sales and operating income under the proposed sales commission plan
Why EM Principles Are important ? Share your thoughts on Why Principles are needed for disaster management. Explain in detail with an example.
Calculate the amount of revenue, cost of goods sold (COGS), and gross profit (or loss) to be recognized in each of the three years
juan acquires a new five-year class asset on march 14 2011 for 150000. this is the only asset he acquired and does not
Briefly explain the basis that should be used to amortise carry forward costs where production is not limited by time.
A project that costs $2,200 to install will provide annual cash flows of $570 for the next 5 years. What is this projects payback period
For consolidation purposes, does the direction of the transfers (upstream or downstream) affect the balances to be reported here? Prepare a consolidated income statement for the year ending December 31, 2004.
Describe the difference between cash basis and accrual basis accounting. Identify one type of organization that might prefer cash basis accounting
On January 1, 2017, Babb Trailers Inc. issued $6,500,000 of par value bonds for $6,200,000. The bonds pay interest semiannually on January 1 and July 1.
what information do i need to consider when doing an income statement and the following has occured one client had
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