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Question - On January 1, Flounder Corp. had 61,500 shares of no-par common stock issued and outstanding. The stock has a stated value of $4 per share. During the year, the following transactions occurred.
Apr. 1 Issued 11,700 additional shares of common stock for $12 per share.
June 15 Declared a cash dividend of $1.90 per share to stockholders of record on June 30.
July 10 Paid the $1.90 cash dividend.
Dec. 1 Issued 5,200 additional shares of common stock for $13 per share.
Dec. 15 Declared a cash dividend on outstanding shares of $2.30 per share to stockholders of record on December 31.
Required - Prepare the entries, if any, on each of the three dates that involved dividends.
Burton Manufacturing. Jason Stedman is the director of finance for Burton Manufacturing, a U.S.-based manufacturer of handheld computer systems inventory.
showing the t-account work use t-accounts to solve for the missing amounts.1.ap had a balance of 4000 at the beginning
Janus Industries has budgeted the following information for January: Cash Receipts $40,000. The amount of interest paid in February would be
Insulating fluid (Weibull). For the 38-kV data in Table 4.1, do the following, assuming that time to breakdown has a Weibull distribution. (a) Estimate the Weibull parameters.
This lease contract does not meet any of the four criteria for a capital lease. What liability should Larkins report on its December 31, Year One balance sheet
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As of December 31, 2008, Aruba Corporation has a current ratio of 2.8:1, Complete the summary classified balance sheet for Aruba Corporation at year-end 2008
assuming that nick and jolene have total allowable itemized deductions of 12350 in 2012 and that they have no
Disregarding income tax, determine the LIFO liquidation profit or loss, if any, for each of the three years.
in each of the following cases indicate who is responsible for reporting the income.a. dr. a instructed the hospital
Using one of the Data Access Tools from the United States Census Bureau, choose some interesting census data and perform a qualitative analysis on it in order to answer a question you want to answer with the data.
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