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Question - At January 1, 2015, Alligator Industries reported retained earnings of $150,000. During 2015, Alligator had a net loss of $30,000 and paid dividends of $15,000. At December 31, 2015, what the amount of retained earnings?
Twenty additional kayakers pay $3,200 ($160 each), in addition to the $6,600 that was paid in advance on July 30, Record the appropriate journal entry
Bank was debited and Rent income was credited with R35 000 in total for the year. The adjustment journal entry at the end of the year will be as follows
In 2013 the company's board of director decided existing accommodation was inadequate and it resolved to construct a purpose build facility. in that year 250000 was paid for preliminary architecture designs.in 2014 land costing $1.2 m was acquired an..
Cashion Company produces chemical mixtures for veterinary pharmaceutical companies. Its factory has four mixing lines that mix various powdered chemicals together according to specified formulas. Prepare a graph for each of these three costs: equipme..
Calculating Partnership Ordinary Income/Loss and Partner Taxable Income Partner Q is a partner in Partnership QRST. The partnership agreement states that Q’s share of income and losses is 30 percent. Using Form 1065, page 1 as a guide; calculate QRST..
Comparative balance sheets for 2013 and 2012 and a statement of income for 2013 are given below for Metagrobolize Industries. Additional information from Metagrobolize's accounting records is provided also. METAGROBOLIZE INDUSTRIES
What is the rate at which Ann can exchange Australian dollars into U.S dollars? What is the term currency in the advertised quote?
She is a cashier at a food market earning $7.75 per hour and works up to 2,000 hours per year. What are the disadvantages of Susan working
Brewer Inc. has 5,000 shares of 8%, $50 par value, cumulative preferred stock and 100,000 shares of $1 par value common stock outstanding at December 31, 2014, and December 31, 2013. The board of directors declared and paid a $15,000 dividend in 2013..
In the current year, Jeanette, an individual in the 25% marginal tax bracket, recognized a $20,000 long term capital gain. Also in the current year, Parrot Corporation, a C corporation in the 25% marginal tax bracket, recognized a $20,000 long term c..
What is the total amount of dividends to be distributed during the year assuming no equity transactions occur after June 30
Calculate the price when the YTM ranges from 1% to 20%. What can you say about the relationship between the bond price and the YTM?
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