User Account

All Pages

What the gain to be part of the accumulated profits is

Assignment Help Accounting Basics
Reference no: EM132759570

Problem 1: Sampaguita Corporation is authorized to issued ?1,000,000 share capital divided into 10,000 shares with ?100 par, If 2,000 shares were sold on cash basis at ?150 per share, the gain to be part of the accumulated profits is?

a. ?300,000

b. ?100,000

c .?0.00

d. ?200,000

Reference no: EM132759570

Questions Cloud

Achieve highest expected profit : How many toys should you order to achieve highest expected profit?
Find what is the amount of revenue realized from the sale : ?5 par ordinary shares at ?10 and subsequently sold 500 of the shares at ?20. What is the amount of revenue realized from the sale?
Communicating policy even when you do not agree : It is important to be open-minded to cultural views of others and their ways of communicating.
Compute the capitalized cost : Mendelson Laboratories purchased engineering equipment at a cost of $420,000. Compute the capitalized cost
What the gain to be part of the accumulated profits is : 10,000 shares with ?100 par, If 2,000 shares were sold on cash basis at ?150 per share, the gain to be part of the accumulated profits is?
What is the christian view of the nature of human persons : What is the Christian view of the nature of human persons, and which theory of moral status is it compatible with? How is this related to the intrinsic human.
Contemporary executives and organizational leaders : Why should contemporary executives and organizational leaders be concerned about supply chain management in their organizations?
What is the initial cost of the second alternative : What is the initial cost of the second alternative so that the two methods are in the BEP condition with the KPK Horizon if the MARR set is 18%?
Briefly outline the two components of profit : A said "We can afford to pay a dividend of $400,000." Briefly outline the two components of profit under current cost accounting

Reviews

Write a Review

Accounting Basics Questions & Answers

  Compute net cash provided by operating activities

Increase in accounts receivable 11,570 and Purchase of equipment (capital expenditure) 8,620. Compute net cash provided by operating activities

  Compute the NPV of the investment in laundry facilities

NPV and Sensitivity Analysis Chippewa County Jail currently has its laundry done by a local cleaner at an annual cost of $46,000.

  Identify the generic market positioning

Prove the financial ability of this firm to execute this vision and strategy using tools, skills, and knowledge learned in the MBA program. You must provide hard numbers to defend your position.

  Why teamwork is important to effectively solve the problems

Explain why teamwork is important to effectively solve the problems which field testing of the hip replacement navigation system revealed.

  Horizontal analysis and vertical analysis

Distinguish between the following pairs of terms in not more than five lines for each pair. You can use examples to illustrate your answer.

  Should the stockholders have expected the results determined

Should the stockholders have expected the results determined in Requirement c? Explain your answer.

  How journalize the issuance of the bonds

Journalize the issuance of the bonds at 98 and 102.On January 1, 2017, Ultra Vision Corp. issued $1,200,000 of 20-year 8% bonds that pay interest semiannually

  How much must he save each year

Your father has $100,000 in savings now, and he can earn 8 percent on savings now and in the future. How much must he save each year

  How many fewer units would have to be sold

If the selling price can be increased by 18% with a similar increase in variable costs, how many fewer units would have to be sold to earn $190,000?

  What is the new monthly payment

Adding the penalty to the loan balance, and assuming the company will pay off the loan over 29 more months, what is the new monthly payment

  What is the entry to record the employers payroll tax

What is the entry to record the employers payroll tax if it is assumed the state tax rate is 4 percent and the federal unemployment rate is 0.8 percent?

  Comment on at least two major ethical issues

Nicholas Fernandes, CGA, started his own public accounting practice in 2013, Comment on at least two major ethical issues Nicholas should consider

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd