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Watkins Enterprises earned net income of $95,000 during the year ended December 31,2012. On December 15, 2012, Watkins Enterprises declared the annual cash dividend on its 2% preferred stock (total par value, $140,000) and a $0.70 per share cash dividend on its common stock (80,000 shares outstanding). Watkins Enterprises then paid the dividends on January 4, 2013.
Journalize for Watkins Enterprises
a. declaring the cash dividends on December 15, 2012.
b. paying the cash dividends on January 4, 2013
Using a theory of constraints (TOC) approach, rank the products in terms of profitability. Illustrate what price for lemonade would equate its profitability to that of soda?
question 1. determine the working capital for the current period? what has caused this ratio to change over the last
Indicate the term describe, or answer (none ) if the statement does not correctly explain any of the terms.
Which of the following is not a Fundamental Decision of Financial Management. Which of the following is least likely to be part of an Annual Report?
Prepare an analysis to show which alternative makes the best use of Sharp Image's factory space - could be used to manufacture another product with a contribution margin of $75,000.
Speed World Cycles sells high-performance motorcycles and Motocross racers. One of the Speed World's most popular models is the Kazomomma 900 dirt bike
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use the expanded accounting equation to compute the missing quantity.for the following four cases use the expanded
Adcock Corp. had $500,000 net loss in 2012. On 1 st January, 2012 there were 200,000 shares of common stock outstanding.
Break-Even Analysis Jimmy's Seafood Restaurant is a family-owned business on the North Carolina coast. In the last several months, the owner has seen a drop-off in business. Last month, the restaurant broke even.
On July 1, 2011, Truman Company acquired a 70 percent interest in Atlanta Company in exchange for consideration of $720,000 in cash and equity securities.
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