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Johnson Alarm systems had $800,000 if retained earnings on December 31, 2008. The company paid common dividends of $60,000 in 2008 and had retained earnings of $640,000 on December 31, 2007. How much did Johnson earn during 2008. and what earnings per share be if 50,000 shares of common stock were outstanding?
Gate Corp. had a net capital gain (computed without regard to any capital loss carryover) of $20,000 for calendar-year 2010. What amount of the acquired net capital loss of $80,000 can be used to offset Gate Corp's net capital gain for 2010?
Their net profit margin for the year was 20 percent, while the operating profit margin was 30 percent. What are Cisco's net income, EBIT ROA, ROA, and ROE?
an asset not an automobile put in service in june 2012 has a depreciable basis of 35000 and a recovery period of 5
which of the following would not be categorized as current assets?1. stocks2. debtors3. plant and machinery4. cash in
Information regarding Central Company's individual investments in securities during its calendar-year 2011, along with the December 31,2011, fairs value, follows.
bob royce incorporated royce consulting an accounting practice on may 1 2014. during the first month of operations
lewis companys standard labor cost of producing one unit of product dd is 3.60 hours at the rate of 14.00 per hour.
Your rich godfather has offered you a choice of one of the three following alternatives: $10,000 now; $2,000 a year for eight years; of $24,000 at the end of eight years. Assuming you could earn 11 percent annually, which alternative should you ch..
riko companys standard labour cost of producing one unit of product kk is 3.10 hours at the rate of 10.00 per hour.
Gilkey Security Systems has the following for the year ended 12-31-09 before adjustments. Gilkey uses the aging method of estimating bad debt expense. The journal entry for estimating bad debt expense at year end is:
if profit margin 10 fraud loss 436million then why the revenue to restore the effect on net income is 4.36 billion
As an auditor for Franken's Markets, you have discovered fraudulent activities. In your previous discussions with management, no one with the Franken organization identified fraudulent behavior or activity, and any questions relating to such m..
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