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The financial statements for Highland Corporation included the following selected information:
Common stock $ 1,600,000
Retained earnings $ 900,000
Net income $ 1,000,000
Shares issued 90,000
Shares outstanding 80,000
Dividends declared and paid $ 800,000
The common stock was sold at a price of $30 per share.
Problem 1: What is the amount of additional paid in capital?
Problem 2: And what is the earnings per share, assuming the weighted average shares outstanding is equal to the shares outstanding?
If the effective interest rate method is used, what is reported interest expense for the SECOND year of bond's life
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If machine 2 had been purchased on May 1 instead of January 1, what would be the depreciation expense for this machine in (1) 2008 and (2) 2009?
Violet Company has paid all required preferred dividends though December 31, 2004. Its outstanding stock consists of 10,000 shares of USD 125 par value common stock and 4,000 shares of 6 percent, USD 125 par value preferred stock. During five success..
Please describe the various approaches required by current GAAP standards for reporting changes in accounting principles? Discuss how these approaches may be impacted by the adoption of new IFRS standards.
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BBAC502 Assignment - demonstrates their understanding of the issue, outlines the various arguments surrounding the issue and justifies their own position on the issue with reference to financial accounting concepts and theories.
the condensed income statement for the peri and paul partnership for 2014 is as follows.a cost behavior analysis
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Suppose CAPM holds, What is return on assets of your business? (Allow two decimals in the percentage but do not enter the % sign.)
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