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Akshara's ordinary shares in 2018 and 2019 were, respectively, RM2.09 million and RM1.96 million, whereas its share premium in those years were, respectively, RM4.20 million and RM4.18 million. Akshara paid out RM290,000 cash dividends in 2019.
Problem 1: What was Akshara's cash flow to shareholders in 2019? Explain briefly about this cash flow.
Prepare the investment-related asset and stockholders' equity balance sheet presentation for Forte Inc. on December 31, 2017.
River Bend started the calendar year with 100,000 shares outstanding. An additional 20,000 shares were issued on April 1, and 10,000 shares were reacquired on July 1. What is the number of weighted-average shares outstanding for the full year?
What would be the present value of the expected profit if a customer that is granted credit and pays its bills can be expected to generate
What is Kelly's deductible theft loss in the existing year if the theft is not discovered, until January of the subsequent year?
Clopack Company manufactures one product that goes through one processing department called Mixing. All raw materials are introduced at the start of work in the Mixing Department. The company uses the weighted-average method to account for units and ..
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Rooney Small Engine Repair charges $42 per hour of labor. It has a material loading percentage of 40%. On a recent job replacing the engine of a riding lawnmower, Ronney worked 10.5 hours and used parts with a cost of $700. Calculate Rooney's total b..
Hank is a U.S. citizen and is doing a three to six year assignment as a sales executive in Paris for a French company, which began this year. Hank earned $109,500 working for the French company this year but only lived in France for 340 days (out of ..
Summarize the events of a recent of a well known accounting scandal. Identify how the illegal or unethical act was detected and describe the punishments that resulted.
If he is going to keep paying the minimum monthly payment of $250. How long will it take Mr. Heffernan to pay off the entire credit balance?
Vaga Optics produces medical lasers for use in hospitals. At the annual stockholders’ meeting on January 31, the board of directors presented a plan for modernizing and expanding plant operations at a cost of approximately $9,500,000. The plan provid..
Geraths Windows manufactures and sells custom storm windows for three-season porches. Geraths also provides installation service for the windows. The installation process does not involve changes in the windows, so this service can be performed by ot..
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