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Problem - At December 31, 2016, St. John's Limited had 4,000,000 common shares outstanding (no preferred shares issued). An additional 250,000 common shares were issued on July 1, 2017, and 500,000 more on October 1, 2017. As well, on April 1, 2017, St. John's issued 10,000, $1,000 face value, 8% convertible bonds. Each bond is convertible into 40 common shares. No bonds were converted in 2017. What is the number of shares to be used in calculating basic earnings per share and diluted earnings per share, respectively, for 2017?
Determine the amount of underapplied or overapplied manufacturing overhead for the period.
Compute a materials price variance for the plates purchased last month and a materials quantity variance for the plates used last month.
Prepare a value analysis and a determination and distribution of excess schedule - Complete a worksheet for consolidated financial statements for 2016. Include columns for eliminations and adjustments, consolidated income, NCI, controlling retained..
marissa inc has a contribution margin of 40 and fixed costs of 220000. what sales revenue is needed to attain a 60000
supreme sales company which sells only on account had a 100000 balance in its accounts receivable and a 4000 balance in
you are the manager of a payroll system. your company is going to replace the legacy payroll system with a more robust
A business purchases $ 40,000 merchandise on credit terms 2/10, n 30 on June 6, 2009. If it pays for the merchandise on June 15, 2009 what is the journal entry required to record the payment.
the following facts pertain to a noncancelable lease agreement between lennox leasing company and gill company a
coleman a married taxpayer is going to establish a manufacturing business. he anticipates that the business will be
The adjustment of the assets to bring them into agreement with current market prices and
Imagine that you are the cost accounting manager and the director of your present or past organization. Management wants your opinion on whether the company should manufacture a new electric car.
The amount was debited to Prepaid Insurance. Show the adjusting entry for the two-month period ending December 31.
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