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The charter of a corporation provides for the issuance of 100,000 shares of common stock. Assume that 45,000 shares were originally issued and 5,000 were subsequently reacquired. What is the number of shares outstanding?
1. Give three examples of how management can engage in "real" earnings management to achieve the desired reporting of higher net income. 2. Profiles Corp. had the following infrequent income statement items during 2009:
Al's Car Wash purchased a piece of equipment on October 1, 20x7, for $27,000. The equipment has an estimated life of four years or 40,000 units of production and an estimated residual value of $2,000.
1.dougherty company employs 20 individuals. eight employees are paid 12 per hour and the rest are salaried employees
in a process cost system costs are tracked through a series of connected manufacturing processes or departments rather
Mary received a liquidating distribution from ABC Corporation as part of the complete liquidation of ABC Corporation. Mary's basis for her ABC Corporation stock was $10,000.
flip company purchased equipment on january 1 2011 for 90000. it is estimated that the equipment will have a 5000
The Ambrosia Corporation's lead accountant shows the following information.
a five-year project has an initial fixed asset investment of 295000 an initial nwc investment of 27000 and an annual
the trial balance below was taken from the records of r. martin executor for the estate of j. mitchell on october 31
what are some ways to separate mixed costs into their variable and fixed amounts? which method is the most accurate?
the information below is taken from the december 31 2014 adjusted trial balance of rummer company all numbers are
find an industry that generates by-products as a result of creating a main product. identify what unique accounting
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