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Question - On Feb. 1, 2001, a company declared a 10% share dividend for shareholders on record on Feb. 10 and to be distributable on Feb. 29. There were 60,000 issued and 40,000 outstanding ordinary shares with $70 par value. The market price per share was $110 on Feb. 1, $ 115 on Feb. 10, and $ 120 on Feb. 29, 2001. How much is charged from Retained Earnings for the 10% share dividend? How much is recorded as share dividend payable?
What are the two methods of accounting for the authorization and issuance of Share Capital? What is the purpose of memorandum entry
Compute the lower-of-cost or Market valuation for the company's total inventory. Malley Tech Center accumulated the cost and market data
Calculate how much MMWC can spend per week person on food and still break even - per week for food to supply the program. Food is MMWC only variable expense
Find How should the firm raise money to fund those investments? How can the firm best manage its cash flows as they arise in its day-to-day operations?
Prepare journal entries to record the cost of cell phones replaced under warranty and the estimated liability for product warranties for cell phones
Using the library or the internet, research examples of different methods that partnerships can use to allocate net income to the partners, and research the topics of partnership dissolution or partnership liquidationa
The shop manager further explained that the shop was working overtime to “catch up a little” on its backlog of repairs, but it still needed to maintain a “decent” profit margin on the technician’s time. Illustrate do you agree with the shop’s comp..
Make one original post that contains your response to one of the questions below.
Explain to Dakota the options available and any specific restrictions, if any, that apply to those options. Dakota is 64 years of age worked as a brew master
Assume that Rally makes interest payments on these bonds on June 30 and December 31 each year. What amount of interest was paid in cash in 2015
Snow devil company is evaluating a capital expenditure proposal that requires an initial investment of $32,312, has predicted cash inflows of $8,000 per year for seven years, and has no salvage value. Determine the proposal's internal rate of return...
The expected rate of return on the market is 13 percent. The risk-free rate is 4 percent and the tax rate is 25%. What is the WACC?
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