Reference no: EM131793965
Problem - On January 1, 2010, Yadier Inc. had the following stockholders' equity account balances.
|
Common Stock, no-par value (509,000 shares issued)
|
$1,527,000
|
|
Common Stock Dividends Distributable
|
211,000
|
|
Retained Earnings
|
636,000
|
During 2010, the following transactions and events occurred.
1. Issued 55,990 shares of common stock as a result of a 11 % stock dividend declared on December 15, 2009.
2. Issued 28,000 shares of common stock for cash at $6 per share.
3. Corrected an error that had understated the net income for 2008 by $72,000.
4. Declared and paid a cash dividend of $77,000.
5. Earned net income of $334,000.
Instructions - Prepare the stockholders' equity section of the balance sheet at December 31, 2010.
|
Discuss what does the inventory turnover indicate
: What does the inventory turnover indicate. Also, in general, when comparing the turnover from one year to the next, do companies prefer it to be higher
|
|
What is the investment profitability index
: Your firm is considering an investment that will cost $950,000 today. The investment will produce cash flows of $400,000 in year 1, $250,000 in years 2, 3.
|
|
What is the npv of the project
: Your firm is contemplating the purchase of a new $1,498,500 computer-based order entry system. The system will be depreciated straight-line to zero over.
|
|
Are benefits of further education worth the associated costs
: Given her estimates, find the net present value (NPV) of entering this MBA program. Are the benefits of further education worth the associated costs
|
|
Prepare the stockholders equity section of the balance sheet
: Issued 28,000 shares of common stock for cash at $6 per share. Prepare the stockholders' equity section of the balance sheet at December 31, 2010
|
|
Using the payback period, which project should bill choose
: How long will it take for Bill to recoup his initial investment in Project A? b. How long will it take for Bill to recoup his initial investment in Project B
|
|
Differentiate coupon bonds from zero-coupon bonds
: Examine why the expected rate of return on a bond is of interest to the financial manager.
|
|
Construct the huffman code for the keywords and weights
: Construct the Huffman code for the C++ keywords and weights given in the following table:
|
|
Discuss the incorrect price was used on sales invoices
: The incorrect price was used on sales invoices for billing shipments to customers because the wrong price was entered into the computer master file of prices
|