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Question 1: It is usual to declare good dividends when the company is making good profit. It is profitable for companies not to declare any dividend even when they are making good profits. What will be the reaction of the shareholders? Discuss.
Accounting principle changes is an interesting topic to deal in accounting because of its advantages and disadvantages. Please elaborate how the company has handled the change and how it was shown in the financial statements.
The problem states that the company has a yearend date of Dec 31st. and that there are 15000 of declared dividends. Should this affect my common stock or retained earnings?
According to the previous year, if in August the exchange rate was 3.30 per Suns Dollars and today is 3.20, how much will be won or lost today?
ABC is preparing its 2009 financial statements. Before taking into account the following information, net income from continuing operations before tax for 2009 was determined to be $500,000. ABC has a corporate tax rate of 30%. Prepare a partial inco..
Bauer and Thomas Manufacturing is trying to determine the equivalent units for conversion costs with 10,000 units of ending work in process at 80% completion and 26,000 physical units. There are no beginning units in the department. Conversion costs ..
Morgan, a widow recently passed away. The value of her assets at the time of death was $8,600,000. The cost of her funeral was $18,000, while estate administrative costs totaled $52,000. As stipulated in her will, she left $1,000,000 to charities. De..
Prepare the Required AJE for December and prepare the Journal entries required to create and close the warranty period.
Should HP outsource the component from Sanmina Corporation?Calculate the net advantage (disadvantage) to HP of outsourcing the component from Samina Corporation
Jane buys furniture at the value of R10000. She lends the money on the 1st of February at a financial institute. Determine the total value that has to be paid back on 1July 2015 and How many months will it take Jane to pay the loan back.
Critically evaluate short term liquidity using three relevant ratios - Critically evaluate the profitability using three relevant ratios:
clanton inc has 12000 shares of common stock outstanding at 31st december 2012. the company sold 6000 shares of common
On January 1, 2018, the general ledger of TNT Fireworks includes the following account balances: Accounts Debit Credit Cash $ 58,800 Accounts Receivable 25,200 Inventory 36,400 Notes Receivable. Calculate the return on assets ratio for the month of J..
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