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Questions -
Q1. Humble Company had a great year allowing for $2,450,000 in dividends over a weighted-average of 25,000,000 stocks. Their net income for the year was $205,000,000 with $2,000,000 sitting in their cash account. What is the EPS for Humble Company?
Q2. Back to Basics, Inc. is building Square One with the cost and other data listed in the table. Using the percentage of completion method to recognize revenue, compute the amount of gross profit recognized in 2012 and 2013. (Hint: Review past homework for help, the problem tells you where to look)
Year
2012
2013
Costs incurred during the year
600,000
1,750,000
Estimated Costs To Complete
2,000,000
0
Billing during the year
500,000
1,600,000
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Sam, a single individual with a salary of $40,000, paid the following expenses during the year: Analyze the above expenses and determine which ones are deductible for AGI. Please support your position
Big M Superstore is a large discount supermarket. Compute the amount of call center support costs allocated to each product line under the current system.
Which of the following groups of variables are all direct variables? Which of the following systems gathers data from multiple sources and assists in providing structure to the data?
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