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Question - Derrick Company issues 4,000 shares of restricted stock to its CFO, Dane Yaping, on January 1, 2014. The stock has a fair value of $120,000 on this date. The service period related to this restricted stock is 4 years. Vesting occurs if Yaping stays with the company for 4 years. The par value of the stock is $5. At December 31, 2015, the fair value of the stock is $145,000.
(a) Prepare the journal entries to record the restricted stock on January 1, 2014 (the date of grant), and December 31, 2015.
(b) On March 4, 2016, Yaping leaves the company. Prepare the journal entry to account for this forfeiture.
Becton Labs, Inc., produces various chemical compounds for industrial use. Compute the variable overhead rate and efficiency variances
Write the accounting equation for Kellogg, for 2016 and 2015. What was Kellogg's ratio of Current Assets to Current Liabilities for fiscal 2016
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Defer intercompany profits on merchandise sales when appropriate and eliminate the double counting of sales between affiliates.
Dove Corporation manufactures and sells climate controlled wine cabinets. Its most popular model sells for $3,000 and comes with a basic 90-day warranty/ For am Extra $150 this warranty is extended to three years, and for $300 the warranty is extende..
How much of loss goes to Farrah? How much goes to Davidson - What is each partner's capital balance at June 30? Prepare a T-account for each partner's capital.
Consider the role of simulation analysis and decision trees in capital budgeting risk analysis. Describe the advantages offered by each technique. Describe a scenario that the technique would be appropriate to apply to and explain what you w..
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fde manufacturing company has a normal plant capacity of 37500 units per month. because of an extra large quantity of
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