Business, 27.06.2020 02:01 EndiaGracee
Prepare the issuer's journal entry for each of the following separate transactions. On March 1, Atlantic Co. issues 43,500 shares of $4 par value common stock for $300,500 cash. On April 1, OP Co. issues no-par value common stock for $72,000 cash. On April 6, MPG issues 2,200 shares of $25 par value common stock for $41,000 of inventory, $145,000 of machinery, and acceptance of a $91,000 note payable.
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Business, 22.06.2019 20:30
Almeda products, inc., uses a job-order costing system. the company's inventory balances on april 1, the start of its fiscal year, were as follows:
Answers: 2
Business, 23.06.2019 07:50
Suppose that two countries, britain and the u.s. produce just one good - beef. suppose that the price of beef in the u.s. is $2.80 per pound, and in britain it is £3.70 per pound. according to ppp theory, what should the $/£ spot exchange rate be? suppose the price of beef is expected to rise to $3.10 in the u.s. and to £4.65 in britain. what should be the one year forward $/£ exchange rate?
Answers: 1
Business, 23.06.2019 09:50
The goal of an economist who formulates new theories is to a. provide an interesting framework of analysis, whether or not the framework turns out to be of much use in understanding how the world works. b. provoke stimulating debate in scientific journals. c. contribute to an understanding of how the world works. d. demonstrate that economists, like other scientists, can formulate testable theories.
Answers: 1
Business, 23.06.2019 11:20
Suppose you purchase shares in acme gadget company for $10 per share. the company believes there is a 20 percent chance it will fail to earn a discounted future profit of $1.85. what is the expected rate of return on your investment? suppose you purchase shares in acme gadget company for $10 per share. the company believes there is a 20 percent chance it will fail to earn a discounted future profit of $1.85. what is the expected rate of return on your investment?
Answers: 1
Prepare the issuer's journal entry for each of the following separate transactions. On March 1, Atla...
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