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How do I record a contribution of $300K to a private company where the group contributing the money has only 3 x $2 shares. ie: what are the specific journal entries, particularly if that amount is not shown in the "bank" account
A certain stock paid a dividend of $2.00 yesterday and has a history of growth in dividends of 15% annually. What dividend will the stock pay in 10 years?
Kitel uses the effective interest method of amortizingbond discount. Interest is payable annually on June 30. At June 30,2007, Kitel's unamortized bond discount should be
Dell, in the process of selling his dairy to Alice, tells her it has been operating profitably for the last year and presents her with appropriate records to review. Alice reviews the records,
To determine whether accounts payable are complete, an auditor performs a test to verify that all merchandise received has been recorded. The population for this test consists of all:
which of the following is not an indicator that the customer is likely to have control over a good? a)acceptance the asset B) assets warehouse by seller-affiliated thrird party c) legal litle to the asset
Carson, Letterman, and O'Brien are partners who share profits and losses 50%, 30%, and 20%, respectively. Their capital balances are $116,000, $69,000, and $34,000, respectively.
At what amount should the equipment (net of depreciation) be included on the consolidated balance sheet dated December 31, 2009?
Frantic Fast Foods had earnings after taxes of 390000.00 in year 2009 with 300000.00 shares outstanding. On January 1, 2010 the firm issued 25000 new shares. Because of the proceeds from these new shares and other operating improvements, earnings ..
a. Calculate the equivalent units of production for the year.b. Calculate the average cost per equivalent unit (round to the nearest cent).
When a process costing system is used, explain how the normal and abnormal spoilages information influences on.
Gloddy Company makes three products in a single facility. These products have the following unit product costs: How many minutes of mixing machine time would be required to satisfy demand for all three products.
Risk aversion implies which some securities will go unpurchased in market even if a large risk premium is paid to investors.
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