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Problem 1: AI Consultants, Inc. has 2,000 shares of $2 par value common stock outstanding. AI declared a 10% stock dividend at a time when the stock value was $60 per share. If retained earnings was $5,000,000 before the stock dividend, what will it be after the stock dividend?
If the direct labor price variance was $8,400 unfavorable, and the standard rate of pay was $18 per direct labor hour, what was the actual rate of pay for direct labor?
What The company net income is? The times interest earned ratio of Cree Company is 4.5 times. The interest expense for the year.
A bond investment is available that pays a tax-free 8%. The corporate tax rate is 35%. Ignoring risk, what is the pre-tax return on taxable bonds?
Investments in stocks that are expected to be held for the long term are listed in the stockholder's equity section of the balance sheet. Purchased $400,000 of ABC Co. 5% bonds at 100 plus accrued interest of $4,500. Sold $250,000 of bonds at 97 plus..
Prepare a memo to the Vice-President outlining the problems you have encountered in the past and how they could have been avoided
The transaction meets the criteria for a sale, and no asset or liability components of the receivables. Prepare journal entries for both Flint and Tamarisk
How much was the donor's tax for the gift made on January 15? How much was the donor's tax for the gift made on March 15?
Stocks in a two-stock portfolio, Calculate The expected return of the portfolio, The variance of the portfolio, and The standard deviation of the portfolio.
During the quarter ended December 31 the company manufactured 8,000. Calculate the materials price and quantity variances for the quarter.
Determine net present value of the proposed investment and What is the present value payback period, in years
Without these donated services, the organization would have hired an additional staff person. How should Wilson Center record the contributed service
Section 197's intangible assets, such as patents and trademarks, are amortized for tax purposes over:
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