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September 20, 2014

Homework Help: Business: Accounting

Recent Homework Questions About Accounting

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mult choice / accounting
A department transferred 7,000 units to the finished goods storeroom during a month. There was no beginning work in process inventory, but 500 units were still in process at the end of the month. Equivalent production for the month was 7,400 units, and production costs ...
Wednesday, August 14, 2013 at 7:27pm

accounting
A bond sinking fund investment is started on January 5, 2010, by transferring $10,000 in cash to the fund. This $10,000 is invested and earns $1,100 during 2010. The entry to record the earnings made on the sinking fund investment includes a debit to _____and a credit to ...
Tuesday, August 13, 2013 at 4:32pm

ACCOUNTING
Posted by dakota on Tuesday, August 13, 2013 at 2:03am. 1. If market interest rates are higher than the rate offered on the bonds being sold, they will be sold at: A. a premium. B. a discount. C. face value. D. a loss. 2. When bonds are issued at a premium, the bond premium: A...
Tuesday, August 13, 2013 at 3:24pm

business studies.Accounting,economics
i have a problem with choosing a career
Tuesday, August 13, 2013 at 7:48am

accounting
1. If market interest rates are higher than the rate offered on the bonds being sold, they will be sold at: A. a premium. B. a discount. C. face value. D. a loss. 2. When bonds are issued at a premium, the bond premium: A. reduces the amount of interest expense over the life ...
Tuesday, August 13, 2013 at 2:03am

accounting
A bond sinking fund investment is started on January 5, 2010, by transferring $10,000 in cash to the fund. This $10,000 is invested and earns $1,100 during 2010. The entry to record the earnings made on the sinking fund investment includes a debit to _____and a credit to ...
Tuesday, August 13, 2013 at 1:59am

Accounting
These questions are based on the following information and should be viewed as independent situations. Popper Co. acquired 80% of the common stock of Cocker Co. on January 1, 2009, when Cocker had the following stockholders' equity accounts. Common Stock- 40,000 shares ...
Tuesday, August 13, 2013 at 1:20am

Accounting
These questions are based on the following information and should be viewed as independent situations. Popper Co. acquired 80% of the common stock of Cocker Co. on January 1, 2009, when Cocker had the following stockholders' equity accounts. Common Stock- 40,000 shares ...
Tuesday, August 13, 2013 at 1:17am

Accounting
These questions are based on the following information and should be viewed as independent situations. Popper Co. acquired 80% of the common stock of Cocker Co. on January 1, 2009, when Cocker had the following stockholders' equity accounts. Common Stock- 40,000 shares ...
Tuesday, August 13, 2013 at 1:12am

accounting
Adjusting entries. You have been retained to examine the records of Kathy's Day Care Center as of December 31, 20X3, the close of the current reporting period. In the course of your examination, you discover the following: •On January 1, 20X3, the Supplies account had...
Monday, August 12, 2013 at 4:23pm

BUS
PROVIDED ACCOUNTING SERVICES,AND ANALYZED THE FINANCIAL STRENGTH OF HER CLIENTS BUSINESSES. CARMEN IS WORKING AS A
Monday, August 12, 2013 at 11:09am

accounting
After the closing entries are posted to the ledger, each revenue account will have a zero balance: a. a zero balance, b. a debit balance, c. a credit balance, or d. either a debit or a credit balance.
Wednesday, August 7, 2013 at 11:19pm

Accounting
After the closing entries are posted to the ledger, each revenue account will have a zero balance: a. a zero balance, b. a debit balance, c. a credit balance, or d. either a debit or a credit balance.
Wednesday, August 7, 2013 at 11:18pm

accounting
owner got personal loan from his bank and sign note payable.what is the journal entries?
Tuesday, August 6, 2013 at 5:36pm

accounting
The t/p bill for this month was 200,the company will pay it next month what is the journal entry for this?
Tuesday, August 6, 2013 at 4:33pm

Accounting
When a not-for-profit facility receives a contribution from a member of the community, the cost of the capital is inconsequential when deciding how to use the contribution, because it is, in effect, free money.” Yes
Monday, August 5, 2013 at 7:40pm

accounting
The t/p bill for this month was 200,the company will pay it next month what is the journal entry for this?
Monday, August 5, 2013 at 6:52pm

accounting
On January 1, 2012, White Water issues $500,000 of 6% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 5%, the bonds will issue at $562,757.
Monday, August 5, 2013 at 1:31am

accounting
On January 1, 2012, White Water issues $500,000 of 6% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 5%, the bonds will issue at $562,757.
Monday, August 5, 2013 at 1:31am

accounting
How do I figure out taxes associated with stock purchased in 2010 for $1000 held for 5 mths. Then sold for $1200 I am in the 28% tax bracket? (I must use the IRS regulations for capital gains in effect in 2010.) I really want to understand how to work this problem out from ...
Thursday, August 1, 2013 at 4:05pm

accounting
Both Mr. Jones and Mrs. Green earned $50,000 gross in 2009. Yet, Mr. Jones owed IRS $600 on his tax return while the IRS owed Mrs. Green $600 on her tax return. ◦What do you think were the possible reasons for the difference in the results? Explain.
Tuesday, July 30, 2013 at 9:50pm

MAROECONOMICS
Question 9 of 20 5.0 Points Investment includes the purchase of: A. stock options of Enron. B. software by an accounting firm. C. global positioning units for cruise missiles by the government. D. new chalk by a local school board.
Monday, July 29, 2013 at 5:36pm

Accounting
The Clydesdale Company has sales of $4,500,000. It also has invested assets of $2,000,000 and operating expenses of $3,600,000. The company has established a minimum rate of return of 7%. What is Clydesdale Company's profit margin? A.20% B.80% C.44.4% D.18%
Sunday, July 28, 2013 at 6:48pm

Accounting
Materials used by Square Yard Products Inc. in producing Division 3's product are currently purchased from outside suppliers at a cost of $5 per unit. However, the same materials are available from Division 6. Division 6 has unused capacity and can produce the materials ...
Sunday, July 28, 2013 at 6:44pm

Accounting
Moon Shoe Factory is an investment center and is responsible for all of their net income and the use of their assets. In 2012, the invested assets totaled $475,000 and net income was $115,000. What is the rate of return on assets? A.24.2% B.25.0% C.4.0% D.413.0%
Sunday, July 28, 2013 at 6:42pm

Accounting
Chicks Corporation had $1,100,000 in invested assets, sales of $1,210,000, income from operations amounting to $242,000, and a desired minimum rate of return of 15%. The investment turnover for Chicks is: A.1.3 B.1.2 C.1.0 D.1.1
Sunday, July 28, 2013 at 6:42pm

Accounting
The standard costs and actual costs for factory overhead for the manufacture of 2,500 units of actual production are as follows: StandardCosts Fixed overhead (based on 10,000 hours) 3 hours @ $.80 per hour Variable overhead3 hours @ $2.00 per hour Actual Costs Total variable ...
Sunday, July 28, 2013 at 6:39pm

Accounting
The standard costs and actual costs for direct labor for the manufacture of 2,500 actual units of product are as follows: Standard Costs Direct labor 7,500 hours @ $12.00 Actual Costs Direct labor 7,400 hours @ $11.40 The amount of the direct labor rate variance is: A.$4,440 ...
Sunday, July 28, 2013 at 6:38pm

Accounting
The St. Augustine Corporation originally budgeted for $360,000 of fixed overhead. Production was budgeted to be 12,000 units. The standard hours for production were 5 hours per unit. The variable overhead rate was $3 per hour. Actual fixed overhead was $360,000 and actual ...
Sunday, July 28, 2013 at 6:25pm

Accounting
Trade credit discount. Compute the annual approximate interest cost of not taking a discount using the following scenarios. What conclusion can be drawn from the calculations? a. 1/10 net 30 b. 1/10 net 30 c. 1/10 net 40 d. 1/10 net 50 e. 1/10 net 60
Wednesday, July 24, 2013 at 4:04pm

Accounting
The following data relate to direct labor costs for the current period: Standard costs 6,000 hours at $12.00 Actual costs 7,500 hours at $11.60 What is the direct labor rate variance? Answer A.$15,000 unfavorable B.$3,000 favorable C.$17,400 unfavorable D.$2,400 favorable
Tuesday, July 23, 2013 at 2:02pm

Accounting
The standard costs and actual costs for factory overhead for the manufacture of 2,500 units of actual production are as follows: Standard Costs Fixed overhead (based on 10,000 hours) 3 hours @ $.80 per hour Variable overhead 3 hours @ $2.00 per hour Actual Costs Total variable...
Tuesday, July 23, 2013 at 2:02pm

Accounting
The standard costs and actual costs for direct labor for the manufacture of 2,500 actual units of product are as follows: Standard Costs Direct labor 7,500 hours @ $12.00 Actual Costs Direct labor 7,400 hours @ $11.40 The amount of the direct labor rate variance is: Answer A.$...
Tuesday, July 23, 2013 at 1:48pm

Accounting
The St. Augustine Corporation originally budgeted for $360,000 of fixed overhead. Production was budgeted to be 12,000 units. The standard hours for production were 5 hours per unit. The variable overhead rate was $3 per hour. Actual fixed overhead was $360,000 and actual ...
Tuesday, July 23, 2013 at 1:41pm

Accounting
Motorcycle Manufacturers, Inc. projected sales of 76,000 machines for 2012. The estimated January 1, 2012, inventory is 6,500 units, and the desired December 31, 2012, inventory is 7,000 units. What is the budgeted production (in units) for 2012? a. 66,000 b. 75,500 c. 65,000 ...
Saturday, July 20, 2013 at 4:06pm

Accounting
For the past year, Hornbostel Company had fixed costs of $6,552,000, a unit variable cost of $444, and a unit selling price of $600. For the coming year, no changes are expected in revenues and costs, except that a new wage contract will increase variable costs by $6 per unit...
Saturday, July 20, 2013 at 4:02pm

Accounting
If fixed costs are $240,000, the unit selling price is $32, and the unit variable costs are $20, what are the old and new break-even sales (units) if the unit selling price increases by $4? a. 12,000 units and 15,000 units b. 7,500 units and 6,667 units c. 20,000 units and 30,...
Saturday, July 20, 2013 at 3:59pm

Accounting
For the current year ending April 30, Hal Company expects fixed costs of $60,000, a unit variable cost of $70, and a unit selling price of $105.
Saturday, July 20, 2013 at 3:55pm

accounting
how can full-absorption costing be abused by management to misstate financial results
Saturday, July 20, 2013 at 1:37pm

Accounting
If fixed costs are $350,000, the unit selling price is $29, and the unit variable costs are $20, what is the break-even sales (units) if the variable costs are decreased by $4? Answer 26,924 units 12,069 units 21,875 units 38,889 units
Sunday, July 14, 2013 at 9:43pm

Accounting
If fixed costs are $250,000, the unit selling price is $125, and the unit variable costs are $73, what is the break-even sales (units)? Answer 3,425 units 2,381 units 2,000 units 4,808 units
Sunday, July 14, 2013 at 9:42pm

Accounting
If fixed costs are $300,000, the unit selling price is $31, and the unit variable costs are $22, what is the break-even sales (units) if fixed costs are reduced by $30,000? Answer 30,000 units 8,710 units 12,273 units 20,000 units
Sunday, July 14, 2013 at 9:42pm

accounting
An example of an economic entity is a: a. town. b. business. c. nonprofit hospital. d. church.
Sunday, July 14, 2013 at 9:06pm

Accounting
Production and sales estimates for April are as follows: Estimated inventory (units), April 19,000 Desired inventory (units), April 30 18,000 Expected sales volume (units): Area A 3,500 Area B 4,750 Area C 4,250 Unit sales price $20 The number of units expected to be ...
Sunday, July 14, 2013 at 8:20pm

Accounting
Below is budgeted production and sales information for Flushing Company for the month of December: Product XXX Product ZZZ Estimated beginning inventory 30,000 units 18,000 units Desired ending inventory 34,000 units 17,000 units Region I, anticipated sales 320,000 units 260,...
Sunday, July 14, 2013 at 8:20pm

Accounting
As of January 1 of the current year, the Grackle Company had accounts receivables of $50,000. The sales for January, February, and March were as follows: $120,000, $140,000 and $150,000. 20% of each month’s sales are for cash. Of the remaining 80% (the credit sales), 60% ...
Sunday, July 14, 2013 at 8:00pm

Accounting
Based on the following production and sales estimates for May, determine the number of units expected to be manufactured in May. Estimated inventory (units), May 1 20,000 Desired inventory (units), May 31 15,000 Expected sales volume (units): South region 20,000 West region 40...
Sunday, July 14, 2013 at 7:58pm

Accounting
a. Bryan Company budgets sales of $1,800,000, fixed costs of $1,000,000, and variable costs of $1,080,000. What is the contribution margin ratio for Bryan Company? (Enter your answer as a whole number.) % b. If the contribution margin ratio for Carnegie Company is 32%, sales ...
Sunday, July 14, 2013 at 5:52pm

Accounting
Currently, the unit selling price of a product is $110, the unit variable cost is $80, and the total fixed costs are $345,000. A proposal is being evaluated to increase the unit selling price to $120. a. Compute the current break-even sales (units). units b. Compute the ...
Sunday, July 14, 2013 at 5:51pm

Accounting
For the current year ending March 31, Ewok Company expects fixed costs of $740,000, a unit variable cost of $55, and a unit selling price of $80. a. Compute the anticipated break-even sales (units). units b. Compute the sales (units) required to realize income from operations ...
Sunday, July 14, 2013 at 5:46pm

accounting
A firm issues periodic reports called? a. financial statements. b. summaries. c. tax returns. d. audits.
Sunday, July 14, 2013 at 4:40pm

Accounting
An example of an economic entity us a" a. town. b. business. c. nonprofit hospital. d. church
Sunday, July 14, 2013 at 4:37pm

accounting
deer valley lodge adds 5 chairlifts, another costs $1.3. 300
Sunday, July 14, 2013 at 1:35pm

accounting
can someone please help me understand how to perform vertical analysis
Saturday, July 13, 2013 at 8:01pm

accounting
describe the main aspects of the regulatory environment which will protect the public from fraud within corporations
Monday, July 8, 2013 at 10:02pm

accounting
please help me with locating the information for this: describe the main aspects of the regulatory environment which will protect the public from fraud within corporations, Pay particular attention to SOX requirements.
Monday, July 8, 2013 at 7:02pm

financial management
How are finance and accounting related to an operating budget? where can I find information about this question. Basically I am asking how to break it down for easier searching any help is appreciated
Monday, July 8, 2013 at 7:02pm

Healthcare Finance
accounting practices within health care organization
Saturday, July 6, 2013 at 10:06am

accounting
here is what I need to do; however my problem is I can not find where I can download the financial information on any corporation Select an American corporation. Visit its website and download the Income Statement, Statement of Stockholders Equity, Balance Sheet, and Statement...
Monday, July 1, 2013 at 8:18pm

Accounting
Department E had 4,000 units in Work in Process that were 40% completed at the beginning of the period at a cost of $12,500. 14,000 units of direct materials were added during the period at a cost of $28,700. 15,000 units were completed during the period, and 3,000 units were...
Sunday, June 30, 2013 at 4:20pm

Accounting
If Department H had 600 units, 60% completed, in process at the beginning of the period, 8,000 units were completed during the period, and 500 units were 30% completed at the end of the period, what was the number of equivalent units of production for the period if the first-...
Sunday, June 30, 2013 at 4:20pm

Accounting
Department J had no work in process at the beginning of the period, 18,000 units were completed during the period, 2,000 units were 30% completed at the end of the period, and the following manufacturing costs were debited to the departmental work in process account during the...
Sunday, June 30, 2013 at 4:19pm

Accounting Theory
Instructions: The Company has one asset. The asset has a three-year life and two possible payoffs each year: 1) $750 with a probability of 40%, and 2) $100 with a probability of 60%. The company depreciates assets using the straight-line method. Assume the states between years...
Sunday, June 30, 2013 at 12:29am

business
Can you check my answers??? 11. Nearly a week before Hurricane Katrina reached New Orleans, Wal-Mart began moving trucks and supplies into position, as specified in the company's ________ plan. A. contingency B. operational C. tactical D. strategic 12. The country Artesia ...
Saturday, June 29, 2013 at 1:25pm

business
Can anyone help with these questions??? 11. Nearly a week before Hurricane Katrina reached New Orleans, Wal-Mart began moving trucks and supplies into position, as specified in the company's ________ plan. A. contingency B. operational C. tactical D. strategic 12. The ...
Saturday, June 29, 2013 at 10:42am

accounting
How would you use the financial statement to determine when to the need for the purchase of inventory? Which statement(s) would you use?
Friday, June 28, 2013 at 9:15pm

accounting 305
You are reviewing the December 31, 2012 financial statements of Ellie's Antiques that is considering an initial public offering of its shares. The following items come to your attention
Thursday, June 27, 2013 at 10:33pm

FND 154 Fundamentals of Accounting
Harwick Company Exercise 5-2 1. on April 5, purchased merchandise from Botham Company for $23,000, terms 2/10, net/30, FOB shipping point. 2. on April 6, paid freight costs of $900 on merchandise purchased from Botham. 3.on April 7, purchased equipment on account for $26,000. ...
Monday, June 24, 2013 at 8:16pm

ECONOMICS/ACCOUNTING/BUSINESS
PLS HELP, BEEN STUCK FOREVER ON TWO QUESTIONS, THIS IS ONE : There are usually no costs for the first 3 years, but thereafter maintenance is re- quired for restriping, weed control, light replacement, shoulder repairs, etc. For one section of a particular highway, these costs ...
Monday, June 24, 2013 at 2:22am

accounting
Joe makes $40,000 per year as an exempt employee. She worked 25 hours of overtime in the month of March. Payday for wages earned in the month of March is April 7. Ignoring Federal and State income tax withholdings, how much would he receive for September net of Social Security...
Sunday, June 23, 2013 at 2:02am

Accounting
Zeke Company is a manufacturing company that has worked on several production jobs during the 1st quarter of the year. Below is a list of all the jobs for the quarter: Balance Job 356 $ 450 Job 357 $1,235 Job 358 $ 378 Job 359 $ 689 Job 360 $ 456 Job 356, 357, 358 & 359 were ...
Saturday, June 22, 2013 at 11:54pm

Accounting
During the period, labor costs incurred on account amounted to $250,000 including $200,000 for production orders and $50,000 for general factory use. In addition, factory overhead applied to production was $23,000. From the following, select the entry to record the factory ...
Saturday, June 22, 2013 at 11:53pm

Accounting
prepare the necessary journal entries to clear the intangible asset account for separate intangible assets, other types of assets,and expenses indicated by the transactions
Saturday, June 22, 2013 at 11:16am

managerial economics
Cypress River Landscape Supply is a large wholesale supplier of landscaping materials in Georgia. Cypress River’s sales vary seasonally; sales tend to be higher in the spring months than in other months. a. Suppose Cypress River estimates a linear trend without accounting...
Friday, June 21, 2013 at 12:36pm

Accounting Math
A standard costing system is the traditionally used costing system. It has two main purposes: cost control and product costing. Standard costs are determined by accountants working together with other employees of the organization. Which employees outside of accounting do you ...
Thursday, June 20, 2013 at 10:41am

College Accounting 211
A company's predetermined overhead rate is $19.00 per direct labor hour and its direct labor wage rate is $16.00 per hour. Job A100 direct maerials cost is $280 and Direct Labor $240. 1. What is the total manufacturing cost assigned to Job A100? 2. If Job A100 consists of ...
Wednesday, June 19, 2013 at 6:54pm

College Accounting 211
A Corporation uses a predetermined overhead rate of $23.90 per direct labor hour. This predetermined rate was based on a cost formula that estmated $286,8000 of total manufacturing overhead for an estimated activity level of 12,000 direct labor hours. The company incurred ...
Wednesday, June 19, 2013 at 6:01pm

Econ 112
A researcher believes that the average size of farms in the U.S. has increased from the 2002 mean of 471 acres. She took a sample of 23 farms in 2011 to test her belief and found a sample mean of 498.8 acres and a sample standard deviation of 46.9 acres. At a 5% levelof ...
Tuesday, June 18, 2013 at 9:40am

accounting
Cypress Oil Company's December 31, 2013, balance sheet listed $645,000 of notes receivable and $16,000 of interest receivable included in current assets. The following notes make up the notes receivable balance: Note 1 Dated 8/31/2013, principal of $300,000 and interest at...
Monday, June 17, 2013 at 3:34am

accounting
The following information relates to Vice Versa Ventures for calendar year 20XX, the company’s first year of operations: Units produced 20,000 Units sold 15,000 Selling price per unit $30 Direct material per unit $5 Direct labor per unit $5 Variable manufacturing ...
Sunday, June 16, 2013 at 6:59pm

Accounting
A company had stock outstanding as follows during each of its first three years of operations: 2,500 shares of $10, $100 par, cumulative preferred stock and 50,000 shares of $10 par common stock. The amounts distributed as dividends are presented below. Determine the total and...
Saturday, June 15, 2013 at 9:48pm

Accounting
The equity method of accounting for investments a. requires a year-end adjustment to revalue the stock to lower of cost or market b. requires the investment to be reported at its original cost c. requires the investment be increased by the reported net income of the investee d...
Saturday, June 15, 2013 at 9:44pm

Accounting
Treasury stock shares are a. issued shares that have been reacquired by a corporation b. part of the total outstanding shares but not part of the total issued shares of a corporation c. unissued shares that are held by the treasurer of the corporation d. shares held by the U.S...
Saturday, June 15, 2013 at 9:44pm

Accounting
Solar Company has 600,000 shares of $75 par common stock outstanding. On February 13, Solar declared a 3% stock dividend to be issued April 30 to stockholders of record on March 14. The market price of the stock was $90 per share on February 13. Journalize the entries required...
Saturday, June 15, 2013 at 9:43pm

Accounting
On January 2, Todd Company acquired 40% of the outstanding stock of McGuire Company for $205,000. For the year ending, December 31, McGuire earned income of $48,000 and paid dividends of $14,000. Prepare the entries for Todd Company for the purchase of the stock, share of ...
Saturday, June 15, 2013 at 9:43pm

Accounting
On 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. For a compound transaction, if an amount box does not require an entry, leave it blank or...
Saturday, June 15, 2013 at 9:42pm

College Accounting
Recording federal income tax transactions and cash dividend transactions. Selected transactions of Divad Corporation during 2013 follow. Record them in the general journal. Analyze: What annual per share dividend was paid to common stockholders in 2013? Mar. 15 Filed the ...
Friday, June 14, 2013 at 12:39pm

accounting
Using the cost formula you derived above, what X-ray costs would you expect to be incurred during a month in which 4,950 X-rays are taken?
Wednesday, June 12, 2013 at 11:12pm

Accounting
Samuels, Inc. reported net income for 2011 is $105,000. During 2011 the company had 5,000 shares of $100 par, 5% preferred stock and 20,000 of $5 par common stock outstanding. Samuels’ earnings per share for 2011 is A.$4.00 B.$5.25 C.$6.50 D.$5.00
Sunday, June 9, 2013 at 2:06pm

Accounting
On April 1, 2011, Albert Company purchased $50,000 of Tetter Company’s 12% bonds at 100 plus accrued interest of $2,000. On June 30, 2011, Albert received its first semiannual interest. On February 1, 2011, Albert sold $40,000 of the bonds at 103 plus accrued interest. ...
Sunday, June 9, 2013 at 2:02pm

Accounting
Available-for-sale securities are securities that management expects to sell in the future, but are not actively traded for profit. A.True B.False
Sunday, June 9, 2013 at 2:02pm

Accounting
Ruben Company purchased $100,000 of Evans Company bonds at 100 plus $1,500 in accrued interest. The bond interest rate is 8% and interest is paid semi-annually. The journal entry to record the receipt of interest on the next interest payment date would be: A.Debit: Cash $4,...
Sunday, June 9, 2013 at 2:01pm

Accounting
When long-term investments in bonds are sold before their maturity date, the seller deducts any accrued interest since the last interest payment date from the selling price. A.True B.False
Sunday, June 9, 2013 at 2:00pm

Accounting
Jacks Corporation purchases $200,000 bonds plus accrued interest for 2 months of $2,000 from Kennedy Company on March 1. The bonds have an annual interest rate of 6% payable on June 30 and December 31. The entry to record the purchase of the bonds would include: A.Interest ...
Sunday, June 9, 2013 at 2:00pm

Accounting
Which of the following is not a part of comprehensive income? Answer foreign currency items restructuring charges unrealized gains and losses pension liability adjustments
Sunday, June 9, 2013 at 1:59pm

Accounting
Temporary investments A.are reported as current assets B.include cash equivalents C.do not include equity securities D.all of the above
Saturday, June 8, 2013 at 2:52pm

Accounting
At the market close on February 19, 2010, McDonald's Corporation had a closing stock price of $64.74. In addition, McDonald's Corporation had a dividend per share of $2.05 over the previous year. Determine McDonald's Corporation's dividend yield. (Round to one ...
Saturday, June 8, 2013 at 2:16pm

Accounting
What is the total stockholders' equity based on the following account balances? Common Stock $450,000 Paid-In Capital in Excess of Par 90,000 Retained Earnings 190,000 Treasury Stock 10,000 Answer A.$740,000 B.$730,000 C.$720,000 D.$640,000
Saturday, June 8, 2013 at 2:15pm

Accounting
The financial loss that each stockholder in a corporation can incur is usually limited to the amount invested by the stockholder. Answer True False
Saturday, June 8, 2013 at 2:14pm

Accounting
Samuels, Inc. reported net income for 2011 is $105,000. During 2011 the company had 5,000 shares of $100 par, 5% preferred stock and 20,000 of $5 par common stock outstanding. Samuels’ earnings per share for 2011 is Answer $4.00 $5.25 $6.50 $5.00
Saturday, June 8, 2013 at 2:13pm

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