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Women for -A-Cause Corporation aimed to provide free wellness massage services to clients for a fee. The corporation issued 10,000 shares of common stock, at Php. 300 par value to shareholders. The issue price paid by the Shareholders on December 3, 2018 equal the par value.
Problem a. What would be the entry for this record?
Problem b. What if the issue price is Php350 per share, what is the entry?
Assume that firms U and L are in the same risk class, and that both have EBIT = $500,000. Firm U uses no debt financing, and its cost of equity is rsU = 14%. Firm L has $1 million of debt outstanding at a cost of rd = 8%. There are no taxes. Assume t..
What the company's return on capital employed for the period is? ABC LTD's figures for an accounting period include sales R56m, PBIT R1.4m
Suppose ABI Construction is considering investing in a new project of urban development. The cost of bringing the project to market is 10M, but ABI expects five years no incremental cash flows from the project to be $10M. Using the calculated WACC in..
Which is not a quasi contract? Reimbursement of persons paying money by another, in payment of which he is interested. / Responsibility of finder of goods
The third payment is to be triple the first. The size of the payment at month five if interest is calculated at 16% per year, compounded monthly, is?
Evaluate how reasonable it is to assume that the inflow of foreign investment into Australia would have been restricted if Australia, through the decision
question1. on may 10 the company purchased goods from fry company for 70000 terms 310 n30. purchases as well as
In 2017, Riverside began work on an outdoor amphitheater and concession stand at the city’s park. It is to be financed by a $5,400,000 bond issue and supplemented by a $690,000 General Fund transfer. Prepare journal entries to record the preceding in..
Which statements is TRUE if a seller realized $21,000 in gain on the original sale of their principal residence, and repossessed and resold property 14 months
Calculate the NPV and payback for the project. Suppose the company has a policy that it will not accept project with payback more than 2 years
The bonds mature in 16 years, have a face value of $1,000, and a yield to maturity of 6.5%. What is the price of the bonds? Round your answer
How much cash did the partners set aside for future liquidation expenses? In the first month of liquidation, certain assets were sold for P192,000.
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