The howe co. stockholders equity account follows: common stock (400,00 shares at $4par) $1,600,000 paid in capital in excess in par 1,000,000 retained earnings 1,900,000 total stockholders equity $4,500,000 the earnings available for common stockholdes from this periods operations are $100,000,which have been included as part of the $1,9 million retained earnings. a. what is the maximun dividend per share that the firm can pay? (assume that legal capital includes all paid-in-capital) b. if the firm has $160,000 in cash, what is the largst per-share dividend it can pay without borrowing? c. indicate the accounts and changes, if any, that will result if the firm pays the dividends indicated in parts a and b? d. indicate the effects of an $80,000 cash dividend on stockholders equity.

Suppose the price of a complement to lcd televisions rises. what effect will this have on the market equilibrium for lcd tvs?

Acontinental polar air mass foms where

The law firm of furlan and benson accumulates costs associated with individual cases, using a job order cost system. the following transactions occurred during july: jul. 3 charged 175 hours of professional (lawyer) time to the obsidian co. breech of contract suit to prepare for the trial, at a rate of $150 per hour. 10 reimbursed travel costs to employees for depositions related to the obsidian case, $12,500. 14 charged 260 hours of professional time for the obsidian trial at a rate of $185 per hour. 18 received invoice from consultants wadsley and harden for $30,000 for expert testimony related to the obsidian trial. 27 applied office overhead at a rate of $62 per professional hour charged to the obsidian case. 31 paid administrative and support salaries of $28,500 for the month. 31 used office supplies for the month, $4,000. 31 paid professional salaries of $74,350 for the month. 31 billed obsidian $172,500 for successful defense of the case. required: a. provide the journal entries for each of these transactions. refer to the chart of accounts for exact wording of account titles. b. how much office overhead is over- or underapplied? c. determine the gross profit on the obsidian case, assuming that over- or underapplied office overhead is closed monthly to cost of services.