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Question - On July 4, 2010, shinsten issued for $4,200,000 a total of 40,000 shares of $100 par value, 7% noncumulative preferred stock along with one detachable warrant for each share issued. Each warrant contains a right to purchase one share of Chen $10 par value common stock for $15 per share. The stock without the warrants would normally sell for $4,100,000. The market price of the rights on July 1, 2010, was $2.50 per right. On October 31, 2010, when the market price of the common stock was $19 per share and the market value of the rights was $3.00 per right, 16,000 rights were exercised. As a result of the exercise of the 16,000 rights and the issuance of the related common stock, what journal entry would Chen make?
On January 3, 2014, Jim's Excavating Company purchased a bulldozer for $160,000. Compute the cost of the asset
1. what restriction on federal employees are contained in the the antideficiency act?nbsp give an example of each.2.
devlin company has 2 divisions c and d. the overall company contribution margin ratio is 30 with sales in the two
The stock declines in value and the daughter sells it for $8,000. How much is daughter's basis for figuring her loss
Assuming Lightning Electronics must also pay $340 of unemployment taxes for this pay period, what amount would be reported as the total payroll costs
Data concerning Golding Corporation's single product appear
Write a memo explaining why one company's P/E ratio may be higher than another company's P/E ratio.
Assuming that purchases are recorded at gross amounts and that discounts are to be recorded when taken
abc company aquired mineral rights for 9100000. the mineral deposit is estimated at 65000000 tons. during the current
Ruby Company produces a chair that requires 4 yards of material per unit. Determine the quantity variance
a project has the follwing estimated data price57 per unit variable costs32 per unit fixed costs90000 required return12
Principe Technology Solutions, Inc., completed the following transactions during August 2012, its first month of operations.
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