• Q : What was its p or e ratio yesterday....
    Accounting Basics :

    Today the common stock of Gresham Technology closed at $24.60 per share, down $0.35 from yesterday. If the company has 4.6 million shares outstanding and annual earnings of $11.2 million, what is it

  • Q : What is the earnings per share....
    Accounting Basics :

    The net income was $1,250,000 and the declared dividends on the common stock were $8000,000 for the currenct year. the market rpice of the common stock is $40 per share. What is the earnings per sh

  • Q : Plenty of financing options....
    Accounting Basics :

    You are the CFO of Ford Motor Company (the company) considering taking on a project that requires $10 million in preliminary funding in other words.

  • Q : Which includes depreciation as an operating expense....
    Accounting Basics :

    Which of the following statements provide(s) an argument in favor of including only a plant's net book value rather than gross book value as part of operating assets in the ROI computation?

  • Q : What kind of lease is this to forbes company....
    Accounting Basics :

    Forbes Company on January 1, 2008, enters into a five-year noncancelable lease, with four renewal options of one year each, for equipment having an estimated useful life of 10 years.

  • Q : What is the move time recorded for the operation....
    Accounting Basics :

    Hart Manufacturing operates an automated steel fabrication process. For one operation, Hart has found that 45% of the total throughput (manufacturing cycle)

  • Q : Is there any old exam two of comm....
    Accounting Basics :

    Is there any old Exam 2 of COMM 2010 that I can look over? It could be anything from 2011 to 2009. Any materials of Exam 2 of COMM 2010 Erickson class?

  • Q : What would accounts payable be at the end of february....
    Accounting Basics :

    Andre's Photo Store, a manufacturing firm, started operations on January 1, 2008. On that date, the only assets were cash of $10,000, and inventory of $2,250.

  • Q : Discuss the bank balance per books by the assistant....
    Accounting Basics :

    All employees who handle or account for cash are bonded. Instructions Identify the internal control principles and their application to cash disbursements of Erin Company.

  • Q : Explain the annual recurring cash flow if lansing keeps....
    Accounting Basics :

    The Community College registrar's office is considering replacing some Canon copiers with faster copiers purchased from Kodak. The office's 4 Canon machines are expected to last 5 more years.

  • Q : What will be the effect on beiges profits if the division....
    Accounting Basics :

    Cost Data for Managerial Purposes Beige Computers operates retail stores in both downtown (City) and suburban (Mall) location ns. The company has two responsibility centers:

  • Q : How much is equivalent units of production for the period....
    Accounting Basics :

    A process with no beginning work in process, completed and transferred out 28,000 units during a period and had 14,000 units in the ending work in process that were 50% complete.

  • Q : How much is the company''s predetermined overhead rate....
    Accounting Basics :

    A company expected its annual overhead costs to be $1,800,000 and direct labor costs to be $1,000,000. Actual overhead was $1,740,000, and actual labor costs totaled $1,100,000.

  • Q : What will total collections....
    Accounting Basics :

    Hinrich Entertainment distributes a DVD which sells for $12 per unit. Hinrich pays $7 per unit to buy the product. Selling cost of $1 per unit is incurred to deliver the product to the customer.

  • Q : What are cash collections for march....
    Accounting Basics :

    Grffiths Company planned to make 500,000 cans of pasta sauce and spend $250,000 on tomatoes during November. However, demand was weak due to increased competition.

  • Q : Should maize company accept the special order....
    Accounting Basics :

    Maize Company incurs a cost of $39 per unit, of which $26 is variable, to make a product that normally sells for $59. A foreign wholesaler offers to buy 5,602 units at $34 each. Maize will incur add

  • Q : The next month production requirements....
    Accounting Basics :

    Each unit requires 3 pounds of material. Raw materials at the beginning of July total 15,000 pounds. Raw materials at the end of each month should equal 10% of the next month's production requireme

  • Q : Hinrich entertainment distributes....
    Accounting Basics :

    Hinrich Entertainment distributes a DVD which sells for $12 per unit. Hinrich pays $7 per unit to buy the product. Selling cost of $1 per unit is incurred to deliver the product to the customer.

  • Q : Discuss the income tax rate applicable to the company....
    Accounting Basics :

    Cash receipts from sales: 30% is collected in the month of sale, 50% in the next month, and 20% in the second month after sale (uncollectible accounts are negligible and can be ignored).

  • Q : Cans of pasta sauce were produced....
    Accounting Basics :

    Grffiths Company planned to make 500,000 cans of pasta sauce and spend $250,000 on tomatoes during November. However, demand was weak due to increased competition.

  • Q : What are cash collections for march....
    Accounting Basics :

    Sales are made 20% for cash, and 80% on credit. Credit sales are collected 60% in the month of sale and 40% in the next month. What are cash collections for March?

  • Q : What will the price be nine years from now....
    Accounting Basics :

    30-year, $1,000 par value bond has a 9.5% annual payment coupon. The bond currently sells for $875. If the yield to maturity remains at its current rate, what will the price be 9 years from now?

  • Q : What is the maximum price thecompany....
    Accounting Basics :

    The Orgonne Milling Co. is contemplating purchase of new equipment. The machinery is expected to generate increased sales of $50,000 per year over its 5 year life.

  • Q : Calculate the molarity of the diluted manganese....
    Accounting Basics :

    A 30.0 mL aliquot of a manganese solution (12.5 mg/mL of manganese, FW=59.94) was added to a 100. mL volumetric flask and diluted to the mark with distilled water.

  • Q : Evaluate how these losses will affect the taxable income....
    Accounting Basics :

    Jen owns a sole proprietorship, and Steve is the sole shareholder of a C (regular) corporation. Each business sustained a $14,000 operating loss and a $3,000 capital loss for the year.

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