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Question - On January 1, 20X6, Gander Corp. had 1,008,000 common shares and 10,000, $100, 5% cumulative preferred shares outstanding. On June 1, 20X6, 21,000 common shares were issued (sold). On October 1, 20X6, Gander repurchased and cancelled 81,000 common shares. There was no change in the number of preferred shares outstanding throughout 20X6. Gander reported net income of $4,370,000 for 20X6. No dividends were paid in 20X6. What basic earnings per share (EPS) was reported for 20X6?
At the end of 20 years, the press could be sold for $500. Chad's required rate of return is 16%. What is the machine's net present value
explain a few of the issues and considerations businesses should have when it comes to selection of long-term
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Blossom Company purchased equipment for $244,530 on October 1, 2017. It is estimated that the equipment will have a useful life of 8 years and a salvage value.
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Polk Company builds custom fishing lures for sporting goods stores.
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