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Question - July Corporation has 10,000 shares of 7% 50 par preference share and 100,000 shares of 4 par value ordinary share outstanding. Two years of preference dividends are in arrears. The corporation declared a cash dividend large enough to pay the preference dividends in arrears, the preference dividend for the current year, and a 1.50 dividend to ordinary shareholders. How much is the total dividend declared?
If the corporation uses the straight -line method of amortization of bond discount,the amount of bond intrest expense to be recognized on July 1,2010 is ?
padre holds 100 of the outstanding shares of sonora. on 1st january 2009 padre transferred equipment to sonora for
Make Journal entry worksheet for A company issues common stock. Record the transaction. (If no entry is required for a transaction/event, select "No Journal)
If the required return on the company's common stock is 11% per year, what is the current stock price
For both IFRS and U.S. GAAP, you have three choices of method: fair value method, equity method and full consolidation. Which accounting for business combination (IFRS or U.S. GAAP) you prefer; and why?
Liman Corporation has a single product whose selling price is $137 and whose variable expense is $58 per unit. The company’s monthly fixed expense is $38,500. Using the equation method, determine for the unit sales that are required to earn a target ..
Denny has assured Austin that the information is accurate and that the expenses are properly classified and Do you believe this situation is more likely or less likely to occur in larger v. smaller companies? What role might decentralization play..
What amount is payable to the tax authorities if the rate of sales tax is 20%? Lucia purchases goods for $170,640, excluding sales tax
Post the transactions to the merchandise inventory account. Compare the total in this account with the total of the cash paid during March
A company has 90 employees and a weekly payroll of $117,000. Prepare a journal entry to accrue this weeks salaries expense and withholdings.
Economic order quantity for retailer. Fan Base (FB) operates a megastore featuring sports merchandise. Calculate the EOQ. Calculate the number of orders that will be placed each year. Calculate the reorder point.
kohls corporation's 7.25% bonds due in 2029 were reported as selling for 115,948. were the bonds selling at a premium or at a discount? why is kohls able to sell its bonds at this price?
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