Reference no: EM132793753
Moonshine Corporation has authorized share capital of an unlimited number of common shares and 800,000, $2 preferred shares. On January 1, 2020, the balance in its shareholders equity included:
12,000 common shares valued at $52,000,
4,800 preferred shares valued at $32,000 and
Retained earnings of $125,000.
Profit for the year ending December 31, 2020 was $29,000. No dividends were declared during 2020. During 2020, Moonshine Corporation had the following share transactions:
Mar 1 Issued 8,000 common shares for $6 each.
Jun 30 Issued 1500 preferred shares for $11 each.
Sep 1 Issued 75,000 common shares in exchange for land valued at $325,000.
Problem a) Journalize the share transactions during 2020.
Problem b) Prepare the equity section of Moonshine Corporation's balance sheet on December 31, 2020.
|
Compute the yield to call
: The call premium is one year of coupon payments. (Assume interest payments are semi-annual and a par value of $5,000.) Compute the yield to call
|
|
What does the research say about given types of games
: Do these brain games work? Can games on your mobile device actually improve mental acuity or prevent memory loss? What does the research say about these types.
|
|
What is the current price of the bond for german company
: A coupon rate of 6% paid annually. If the yield to maturity is 5%, what is the current price of the bond? Is this bond trading at par, discount or premium
|
|
Identify the scope of the evidence synthesis
: Patient falls with injury and fall prevention remain complex phenomena in the acute care setting as well as a major challenge for healthcare professionals.
|
|
Prepare the equity section of moonshine corporation
: Profit for the year ending December 31, 2020 was $29,000. Prepare the equity section of Moonshine Corporation's balance sheet on December 31, 2020.
|
|
Altex corporation-risk management plan
: Why was a risk management plan considered unnecessary? Can risk management planning be justified on almost all programs and projects.
|
|
What was the actual cost of direct labour during November
: The direct labour rate variance for November was $26,250 U, and the standard direct labour rate was $12.50. What was the actual cost of direct labour
|
|
Derive the asymptotic covariance matrix
: Derive the asymptotic covariance matrix of the MLE ß,sˆ . Write down the asymptotic variance of sˆ2 and describe how can one use it to construct a confidence
|
|
Describe the impact of the policy or regulation you selected
: As a professional nurse, you are expected to apply your expertise to patient care. On occasion, you will also be expected to share that expertise.
|