Jan 6 Declared a cash dividend on the 6,000 shares of $ 3, no-par preferred stock outstanding. Declared a $ 0.45 per share dividend on the 8,000 shares of common stock outstanding. The date of record is January 17, and the payment date is January 20.
Jan 20 Paid the cash dividends. Mar 21 Split common stock 2-for-1 by calling in the 8,000 shares of $ 12 par common stock and issuing new stock in its place.
Apr 18 Declared and distributed a 15% stock dividend on the common stock. The market value of the common stock was $ 33 per share.
Jun 18 Purchased 3,000 shares of treasury common stock at $ 35 per share.
Dec 22 Sold 1,500 shares of treasury common stock for $ 37 per share.

Record the transaction in general Journal.

When sending a claim to an insurance company for services provided by the physician, why are both icd-10 and cpt codes required to be submitted? how are these codes dependent upon each other? what would be the result of not submitting both codes on a medical claim to an insurance company?

The gilbert instrument corporation is considering replacing the wood steamer it currently uses to shape guitar sides. the steamer has 6 years of remaining life. if kept,the steamer will have depreciaiton expenses of $650 for five years and $325 for the sixthyear. its current book value is $3,575, and it can be sold on an internet auction site for$4,150 at this time. if the old steamer is not replaced, it can be sold for $800 at the endof its useful life. gilbert is considering purchasing the side steamer 3000, a higher-end steamer, whichcosts $12,000 and has an estimated useful life of 6 years with an estimated salvage value of$1,500. this steamer falls into the macrs 5-year class, so the applicable depreciationrates are 20.00%, 32.00%, 19.20%, 11.52%, 11.52%, and 5.76%. the new steamer is fasterand allows for an output expansion, so sales would rise by $2,000 per year; the newmachine's much greater efficiency would reduce operating expenses by $1,900 per year.to support the greater sales, the new machine would require that inventories increase by$2,900, but accounts payable would simultaneously increase by $700. gilbert's marginalfederal-plus-state tax rate is 40%, and its wacc is 15%.a. should it replace the old steamer? b. npv of replace = $2,083.51

Which of the following is one of the main causes of inflation? a. wages drop so workers have to spend a higher percentage of income on necessities. b. demand drops and forces producers to charge more to meet their costs. c. rising unemployment cuts into national income. d. consumers demand goods faster than they can be supplied.