Business, 27.08.2019 23:20 martdrea13
Hardaway fixtures' balance sheet at december 31, 2017, included the following: shares issued and outstanding: common stock, $1 par $ 820,000 nonconvertible preferred stock, $50 par 10,000 on july 21, 2018, hardaway issued a 25% stock dividend on its common stock. on december 12 it paid $10,000 cash dividends on the preferred stock. net income for the year ended december 31, 2018, was $2,200,000. required: compute hardaway's earnings per share for the year ended december 31, 2018. (enter your answers in thousands.)
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Schuepfer inc. bases its selling and administrative expense budget on budgeted unit sales. the sales budget shows 1,800 units are planned to be sold in march. the variable selling and administrative expense is $4.30 per unit. the budgeted fixed selling and administrative expense is $35,620 per month, which includes depreciation of $2,700 per month. the remainder of the fixed selling and administrative expense represents current cash flows. the cash disbursements for selling and administrative expenses on the march selling and administrative expense budget should be:
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Hardaway fixtures' balance sheet at december 31, 2017, included the following: shares issued and ou...
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