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Mia Restaurant Corporation wholesales ovens and ranges to restaurants throughout the Southwest. Mia Restaurant Corporation, which had 40,000 shares of common stock outstanding, declared a 4-for-1 stock split (3 additional shares for each share issued).
(a) What will be the number of shares outstanding after the split?
(b) If the common stock had a market price of $300 per share before the stock split, what would be an approximate market price per share after the split?
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Using the information above, calculate the net present value of costs (cash outflows) and decide whether it should be purchased in the budget year. Assume a 10 per cent cost of capital (discount rate).
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question 1. research the reporting requirements for lease reporting under gaap and international financial reporting
Prepare Swag's consolidated balance sheet under each of the following independent situations - swag purchased the assets and assumed the liabilities of Perk by paying $1,400,000 in cash and issuing a $12,600,000 note.
What account is credited when a corporation issues stock at an amount over the stock's par value and financial statements when cash is received in advance from customers?
The company's current and total liabilities were $267,000 and $600,000, respectively. Compute the amount of working capital and the current ratio using this information.
Harrier repurchases the stock in 2011. On its 2010 corporate income tax return, Harrier plans to deduct a net capital loss of $3,000. Determine the propriety of Harrier's plans.
Quadrado uses the LIFO method to account for inventory costs. Determine cost of goods sold amounts to record dor the three months ending September 30,2011.
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