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Question: Caren Ltd has earnings of $200,000, has 150,000 shares on issue, and the shares are priced at $10 per share. Denise Ltd has earnings of$120,000, has 100,000 shares on issue, and the shares are priced at $5 per share. What will the price earnings ratio of the combined entity be if Caren Ltd issues one of its share for every two Denise Ltd shares?
How do Prepare post-closing trial balance at July 31? Blossom Company ended its fiscal year on July 31, 2020. The company's adjusted trial balance
as a preferred stockholder you are entitled to numerous preferences and privileges over common stockholders. if you are
Write one page single space, comparing these two methods: key differences, and recommends which method should be used for this company and why.
What is internal control, and what are the objectives of a well-designed internal control structure in an organization
Determine What is the labor efficiency variance? A negative number indicates an favorable variance and a positive number indicates an unfavorable variance.
Roberto Corporation was organized on January 1, 2011. The firm was authorized to issue 100,000 shares of $5 par common stock. During 2011, Roberto had the following transactions relating to shareholders' equity:
Pretty Lady Cosmetic Products has an average production process time of 40 days. Finished goods are kept on hand for an average of 15 days before they are sold.
salter inc.s unit selling price is 51 the unit variable costs are 32 fixed costs are 115315 and current sales are 9505
1.At the end of 2012, Majors Furniture Company failed to accrue $61,000 of interest expense that accrued during the last five months of 2012 on bonds payable. The bonds mature in 2024.
The firm estimates it can sell new shares of stock for $32.50 a share. it also estimates it will cost an additional $340,000 for filing and legal fees related to the stock issue. The underwriters have agreed to a 7.5 percent spread.
On 1st February 2020 a business paid its insurance agent $2,400 for the annual insurance. What will be the adjustment entry for this business?
The terms debit and credit are synonymous with left and right. Prepare a trial balance from the ledger accounts of UMC Company as of January 31, 2014.
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