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Question - Disneyland Inc. was organized on January 2 2012 at which date it issued 200,000 shares of $10 par ordinary share at $15 per share. During the period 2 January 2012 to 31 December 2014, the company reported cumulative net income of $900,000 and paid cash dividends of $p460,000. On 2 January 2014, the company purchased 12,000 of its ordinary share at $12 per share. On 15 November 2014, it sold 4,000 treasury shares at $13 per share and sold another 4,000 treasury shares at $9 per share on 15 December 2014. What is the total shareholders' equity on 31 December 2014? What is the balance of the Retained Earnings - Unappropriated account on 31 December 2014?
Prepare flexible budget income statements, assuming volumes of 29,000 and 31,000 units. Find out the sales and variable cost volume variances, assuming volume is actually 31,000 units
You will receive a total of 10 payments. If you can invest cash flows in an investment paying 7.65 per cent annually, what is the present value of this annuity
Prepare flexible budget formulas for the cost items listed for the Solo X18 model. Also, provide a flexible budget formula for total costs.
The matsui lubricants plant uses the FIFO method, Compute the cost per equivalent unit for direct materials and for conversion costs using the FIFO method
Who are the stakeholders in this situation? Is the change in asset life unethical, or is it simply a good business practice by an astute president?
Question - Following is data for Apple Corp. for 2004, 2005, and 2019 (amounts in millions) Calculate basic ROCE for the three years
When Bacom Company's monthly costs were $75,000, sales were $80,000. Use the high-low method to develop a monthly cost formula for Jerome's coming year.
Give the entries to record the receipt of the subscription fees and to adjust the accounts at December 31, assuming annual financial statements
Ferrari, The bank pays 6.5 percent annual interest on its accounts. How many years will it be before you have enough to buy the car?
The 2018 balance sheet showed current assests of 1780 and current liabilities of 1120. what is the company's 2018 change in net working capital?
In November, one of the processing departments at Shelp Corporation had beginning work in process inventory of $52,200 and ending work in process inventory of $31,100. During the month, the cost of units transferred out from the department was $614,8..
Find What is the value of the company equity?Icarus Airlines is proposing to go public, and you have been given the task of estimating the value of its equity.
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