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Tanko Co. issued 10,000 shares of common stock on January 1, 2010 for $50,000. The par value per share is $1. On February 15, 2010, Tanko purchased 1,000 shares back at $6. On May 15, 2010, Tanko resold 200 shares of those treasury stock for $8 each. What is the balance of treasury stock after May 15, 2010?
Larry's Auto Body Repair Shop had revenues that averaged $48533.91 per week in April. What is the percentage change in labor productivity
keefe inc. a calendar year corporation acquires 70 of george company on september 1 2009 and an additional 10 on april
What will be the weighted average coupon (WAC) on the CMO when issued and What will be the maturity of each tranche assuming no prepayment of the mortgages
2. Prepare the journal entries required on the books of Yellowstone Industries to account for its investment in Schreiber Corporation on each of the dates
Any preliminary cash balance above $8,600 is used to repay loans at month-end. Prepare a cash budget for July, August, and September
The land is estimated at $2 million. Newport Ltd uses the revaluation method. What would be the journal entry to record this revaluation?
Cash dividends paid by a corporation: a. reduces the net income of the corporation that declared the dividend. b. reduces the retained earnings of the corporation that declared the dividend.
Total receipts for October amounted to $29,400. If the sales tax rate is 5%, what amount must be remitted to the state for October's sales taxes?
Determine the internal rate of return by computing a present value factor for an annuity of $1 and using the present value of an annuity table appearing
Many service industries link labor rate and time (quantity) standards with their processes. One example is the standard time to board an aircraft.
Alpine Bicycle Company manufactures mountain bikes. How much direct labor should be debited to Work in Process
Pablo Management has five part-time employees, each of whom earns $250 per day. They are normally paid on Fridays for work completed Monday through Friday of the same week. They were paid in full on Friday, December 28, 2013. The next week, the fi..
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