What is the debt to equity ratio
Current assets are $70,000, noncurrent asset are $150,000, current liabilities are $40,000 and long-term liabilities are $30,000.What is the debt to equity ratio?
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Hanson co. had 200,000 shares of common stock, 20,000 shares of convertible preferred stock, and 1,000,000 of 10% convertible bonds outstanding in 2011. The preferred stock is convertible into 40,000 shares of common stock.
Finally, TASTY has 500 hibiscus plants as of June 30, 2012. The accumulated costs are $10 per plant and TASTY does not anticipate any significant selling costs.
Bozeman Corporation manufactures a single product. Monthly production costs incurred in the manufacturing process are shown below for the production of 3,000 units.
Record depreciation for two months on the computer software and equipment bought in transaction # 13 and 14. Assume salvage value is zero to calculate deprecation. Use the straight line method as described in Accounting Policies section
Using a plantwide allocation system with machine hours as the cost driver, what is the allocation to Job 222 (round overhead rates to the nearest cent and your answer to the nearest dollar)?
Leeds Architectural Consultants uses a job-order costing system and applies studio overhead to jobs on the basis of direct staff costs.
The company had no beginning inventories of any kind on January 1. Variable overhead is applied to production on the basis of standard direct-labor hours. During January, the company recorded the following activity.
Pursuant to a complete liquidation in the current year, Oriole Corporation distributes to Samantha land held for four years as an investment (basis of $225,000), fair market balue of $480,000).
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