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Question: 1. Computation of Earnings Per Share:
ON January 1, the commpany had 100,000 common shares outstanding. On April 1, the company issued 30,000 additional shares. On August, 1, the company performed a two-for-one stock split. The company also had 10,000 shares of 8%, $50 par preferred stock outstanding throughout the year. The company declared the required preferred dividend during the year. Net income for the year was $300,000. Compute basic earning per share.
2. What is meant by dilution of EPS?
3. Briefly describe the four types of risk.
Prepare the appropriate journal entry to be made by Bayfield Company for the first lease payment. Prepare the journal entry to record the lease agreement on the books of Josh inc. on January 1, 2008
Distinguish between the types of dividend distributions that mutual funds make. Are these dividends the only source of return for a mutual fund investor?
Conduct research on the issue of the accounting processes that are necessary in combining the accounts of a subsidiary with a parent. List and describe some of the processes that you found are necessary.
compute the roi for each department. use the dupont method to analyze the return on sales and capital turnover. round
An introduction to internal controls, explaining in your own words the two primary goals of internal control.
wehr inc. is preparing its cash budget for april. the budgeted beginning cash balance is 19000. budgeted cash receipts
on january 1 2012 race corp. acquired 70 of the voting common stock of gallow inc. during the year race sold to gallow
In August, Gold Company sold 770 units of their only product. For the month, fixed costs were $10,400, variable costs were 57% of sales, and the average sales price was $62.
Polk Corp. purchased new store fixtures for $55,000 on January 31, 2012. Polk depreciates assets using the straight-line method and estimated a salvage value for the machine of $5,000. On its December 31, 2014, balance sheet, Polk reported the fol..
determine the amount to be contributed by each partner to satisfy the creditors
If Windsor's tax rate is 29%, what amount should it report as the cumulative effect of changing the estimated bad debt rate
Compute the accounts receivable and inventory turnover ratios for 20X5. Alaska rounds all calculations to two decimal places
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