Journalize the entries for april 1 and 7
April 1, 10,000 shares of $5 par common stock were issued at $22, and on April 7, 5,000 shares of $50 par preferred stock were issued at $104. Journalize the entries for April 1 and 7.
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Hugh Snore Bedding, Inc., has assets of $400000 and turns over its assets 1.5 times per year. Return on assets is 12 percent. What is its profit margin?
(a) Prepare the journal entry at the date of the bond issuance. (b) Prepare a schedule of interest expense and bond amortization for 2010-2012. (c) Prepare the journal entry to record the interest payment and the amortization for 2010.
how is the effectiveness of powers of 2 order interval related to the result of the previous problem regarding the effect of the demand forecasting error
Over the last five years a bank has issued 250 loans on cars. Of those, 85 were for cars worth less than $10,000 and 42 of those borrowers defaulted;
What are the values of the Cost Performance Index (CPI), and Schedule Performance Index (SPI) for this project?
Wal-Mart, Inc. has net income of $9,054,000 on net sales of $256,329,812. The company has total assets of $104,912.112 and shareholders' equity of $43,623,445. Use the extended DuPont identity to find the return on assets and return on equity for
Lyle performed legal and accounting work during the incorporation process in return for six shares of stock. Determine the tax consequences of the transfer to all parties.
As a result of a comprehensive analysis, it is determined that the December 31, 2011 balance of Allowance for Bad Debts should be $6,300. Show, in general journal format the adjustment required.
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