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Mohur Ltd. has equity capital of Rs.40,00,000 consisting of fully paid equity shares of Rs.10 each. The net profit for the year 2004-05 was Rs.60,00,000. It has also issued 36,000, 10% convertible debentures of Rs.50 each. Each debenture is convertible into five equity shares. The tax rate applicable is 30%. Compute the diluted earnings.
During the last month of 2009, the first month of the offer, Funzy sold 12 million boxes of Wheatos and 2.4 million of the coupons were redeemed. What amount should Funzy report as a promotional expense for coupons on its December 31, 2009, income..
the management of rockos pizzeria is considering a special promotion for the last two weeks of october which is
The rules are specific. How are extraordinary items different from some other irregular items that you occasionally see on a corporate income statement?
the rent expense was 42000 and there was no beginning or ending balance in work-in-process inventory. using a two-stage
Lance H. and Wanda B, Dean are married. Lance works for the convention bureau of the local Chamber of Commerce, while Wanda is employed part-time by a law firm as a paralegal.
on december 31 2014 hernandez company had 3000000 of short-term debt in the form of notes payable due february 2 2015.
bargain wholesalers sell pet supplies to retailers including pet world supplies. bargain wholesalers uses perpetual
there are several ways a company can allocate overhead costs to products produced or services provided. two of these
archer daniels midland company is considering buying a new farm that it plans to operate for 10 years. the farm will
a. Compute Jim's overhead using the new product mix, profit, and contribution margins. b. How could expanding into a product line with higher contribution margin erode the firm's profit margin?
oakland college is considering outsourcing grounds maintenance. in this regard oakland has received a bid from highline
The adjustments are normal for this machine and are not the result of the damages. Compute the cost recorded for this machine.
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