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DEBT RATIO Last year K. Billingsworth & Co. had earnings per share of $4 and dividends per share of $2. Total retained earnings increased by $12 million during the year, while book value per share at year-end was $40. Billingsworth has no preferred stock, and no new common stock was issued during the year. If its year-end total debt was $120 million, what was the company's year-end debt/assets ratio?
Determine the inventory balance Altira would report in its August 31, 2011, balance sheet and the cost of goods sold it would report in its August 2011 income statement using each of the following cost flow methods.
the cpa firm of which you are a manager has placed you in charge of the audit of the thornburg school district.the
How much revenue will Sanderson report in its 2006 and 2007 income statements related to this contract using the percentage-of-completion method?
The merchandise inventory was destroyed by fire on August 19. The following data were obtained from the accounting records.
Calculate the percentage change using horizontal analysis and (b) evaluate the results.
Determine the cost of the inventory on December 31, 2010, by the last-in, first out method, following the procedures indicated in (1).
q. aysha development corp. has three divisions. chosen financial information in millions of rials for 2003 and 2004
questionmanagement is trying to decide what transfer price to use for sales from the acquired company to the cooking
The condensed financial statements of Westward Corporation for 2009 and 2008 are presented below.
What is the interest expense for 2012, how much equipment was purchased during the year and what was the depreciation expense for 2012?
Which of the following subsequent events (post-balance-sheet events) would require adjustment of the accounts before issuance of the financial statements?
According to the dividend-discount model, what is the value of a share of Gillette stock if the firm's equity cost of capital is 8%?
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