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The year-end 2009 balance sheet for Tom's Copy, Inc. lists common stock ($1.00 par value) of $5,660, capital surplus of $20,924 and retained earnings of $48,552. On the 2010 year-end balance sheet, retained earnings are listed as $50,170. The firm's net income in 2010 was $9,264. No stock was issued or repurchased in 2010. What were dividends per share paid by the firm in 2010?
Record your answer rounded to the nearest cent. Do not include a dollar sign or commas in your answer. For example, record $10.248976 as 10.25.
1 which of the following is taxable?a. refunds of state income tax claimed in the prior year as an itemized deductionb.
You bought a stock three months ago for $73.82 per share. The stock paid no dividends. The current share price is $76.09.
A company had a beginning balance in retained earnings of $43,000. It had net income of $6,000 and paid out cash dividends of $5,625 in the current period. The ending balance in retained earnings equals:
The direct method might be easier to understand but it is also more expensive and more time consuming for the company why is that? and Whats the best method to use for businesses?
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Courgar Inc. issued 3,000 shares of 4% cumulative $120 par value preferred stock at par. What is the journal entry to record this transaction?
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The stock warrants will expire on December 31, 2008. Select the total value that Chase Corp should use to record the detachable warrants issued on March 1, 2006.
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