Reference no: EM131259455
Baseball Town, Inc. borrowed $20,000 for 9 months at an APR of 3.00%. The amount of interest expense on this loan was: (round to the nearest dollar)
In January of 2016, SC, Inc. had 300,000 shares of common stock authorized, of which have been 200,000 issued, and 150,000 shares outstanding. The board of directors of SC, Inc. approved a 2% stock dividend in February, 2016. After the stock dividend is processed, which of the following is a false statement at the end of February, 2016?
Authorized shares are now 306,000
There are now 153,000 shares outstanding
The amount of shares issued is now 204,000
There is no income effect to the shareholders.
The annual per share dividend requirement of a 5.0%, $100 par value preferred stock that was issued for $102 is:
Depreciation expense totaled $15,000 for the year; accrued wages decreased $2,000; a new car was purchased for $35,000; accounts receivable increased $7,000; payments on long term debt amounted to $15,000; accounts payable increased $4,000; net income was $65,000 for the year; proceeds from the issuance of common stock were $45,000; dividends paid totaled $7,500; inventory decreased $8,000; What was the net cash provided by operating activities? (don't include cents - round to the nearest dollar)
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Employer take from his pay to satisfy part of the tax levy
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Statements about materiality
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What was the net cash provided by operating activities
: Baseball Town, Inc. borrowed $20,000 for 9 months at an APR of 3.00%. The amount of interest expense on this loan was: In January of 2016, SC, Inc. had 300,000 shares of common stock authorized, of which have been 200,000 issued, and 150,000 shares o..
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