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Question - SHEll Company reported the following data at the end of 2010:
Sales Revenue (75%on credit) = 300000
Expenses (26% ON credit) = 60,000
Accounts Receivable, Net at Dec31 2010(a decrease of 4000 during 2010) = 8000
Total Assets = 200000
Stockholder Equity = 5000
Required - What was the accounts receivable turnover ratio?
Chandler had 7,500 shares of common stock outstanding on January 1, and issued an additional 2,500 shares on June 1. There was no preferred stock, and net income was $124,700. How much is diluted earnings per share for the calendar year?
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The stock pays a 35 percent stock dividend. After the dividend: How many shares will be outstanding? What will be the price per share?
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Why must a good "reflective practitioner" understand the political environment in which he/she is operating if he/she is to make sound decisions
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