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Question - On October 31, the stockholders' equity section of Crane Company consists of common stock $365,000 and retained earnings $903,000. Crane is considering the following two courses of action: (1) declaring a 6% stock dividend on the 36,500, $10 par value shares outstanding, or (2) effecting a 2-for-1 stock split that will reduce par value to $5 per share. The current market price is $16 per share.
Required - Make a tabular summary of the effects of the alternative actions on the components of stockholders' equity, outstanding shares, and par value per share.
A local Pub & Grill has provided you with the following information and has asked you to determine how much revenue must be generated to achieve profit
Revisit the MBA6014 Course Alignment Map to review how all activities assist you in achieving the course competencies and overall program outcomes.
explain the major advantages and disadvantages inherent in using both the cash and the accrual basis of accounting and
To calculate the monthly fixed cost do I use the highest and lowest expense and divide by the machine hrs? fiscal year for maintenance expense and machine hours
Maquoketa Valley Resort opened for business on June 1 with eight air-conditioned units. Its trial balance before adjustment on August 31 is presented here.
Prepare the appropriate journal entries to record salaries and wages expense and payroll tax expense for the January 2011 pay period.
a company has a process that results in 15000 pounds of product x that can be sold for 8 per pound. an alternative
CTUK LLC is a retail company. Use the information below to prepare the company's statement of cash flows for the year ended 12/31/2016 using
Based on the information given above, what amount of cost of goods sold did ABC record in 2008?
What would you say to Massie regarding her listed deductions? How much of the deduction is allowed for charitable contributions?
What were the main issues presented? How do you think they would affect the economy, social and employment situation in the near future?
The sales budget for Perrier
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