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Question - At the beginning of 2021, DAI Corp. was organized with authorized capital of 200,000, P500 par value shares. The following transactions transpired during its fir year of business. February 4 - Issued 15,000 shares at P510 per share. April 10 - Issued 3,000 shares for services received (FMV of the services is P1.7 million) October 23 - Issued 5,000 shares in exchange for a land (FMV of the land is P3 million) What amount should be reported as share premium?
a sum of money q will be received 6 years from now. at 5 annual interest the present worth of q is 60. at the same
What are Cutter Corporation's tax consequences (amount of deduction and tax savings from deduction) on the grant date, the exercise date
The company's break-even sales volume is $120,000. How much profit will the company make if it sells 4,000 units
Explain a change in reporting entity and how a company reports it. Give an appropriate example of a change in reporting entity
Prepare depreciation schedules using straight line method, units of activity and declining- balance method of depreciation. Provide journal entry to record
Explain the impact that your staffing decisions will have on your financial plan. Develop a budget framework to ensure positive cash flow.
Prepare a flexible manufacturing budget for the relevant range value using 20,200 unit increments
Determine the income tax consequences to Azure Company and to Sasha during the year for each of the following independent situations
Brahtz Corporation has $222 million dollars of interest-bearing debt outstanding at the end of fiscal 2017 year. Calculate Brahtz's cost of debt capital
cane company manufactures two products called alpha and beta that sell for 120 and 80 respectively. each product uses
in january gross earnings in vega company totaled 71100. all earnings are subject to 8 fica taxes 5.4 state
You consider the Banquets Chef to be one of your customers. What standard of customer service would the Banquets Chef expect
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