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1. (EPS: Simple Capital Structure) Ott Company had 210,000 shares of common stock outstanding on December 31, 2010. During the year 2011 the company issued 8,000 shares on May 1 and retired 14,000 shares on October 31. For the year 2011 Ott Company reported net income of $229,690 after a casualty loss of $40,600 (net of tax).What earnings per share data should be reported at the bottom of its income statement, assuming that the casualty loss is extraordinary?
at a total cost of 2000000 stieg corporation acquired 160000 shares of larson corp. common stock as a long-term
Prepare journal entry to record the issuance of the bonds and the related bond issue costs incurred January 1, 2009 Prepare a bond ammortization schedule up to and including January 1, 2013 usinf effective interest method
Indicate which of the following costs should be expensed when incurred.
Calculate the traditional payback period, IRR, NPV, and PVI (present value index) for the project with the following cash flows. The opportunity cost of capital for the project is 14%.
Determine the transaction price for this contract.
abbott laboratories currently sells its prducts for 1200 per unit. management is contemplating a 10 increase in the
What is your best estimate of the company cost of equity?
presented here are summarized data from the balance sheets and income statements of wiper inc. wiper inc. condensed
twenty additional kayakers pay 3200 160 each in addition to the 5500 that was paid in advance on july 30 on the day of
In recent years, the amount of direct labor used in many industries has greatly increased and total overhead costs have significantly decreased.
sonne company produces a perfume called whim. the direct materials and direct labor standards for one bottle of whim
A house worth $70,000 is purchased with a down payment of $20,000 and a mortgage amortized over 20 years. If the interest rate is 14% compounded semi- annually;
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