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explain what is meant by forward commitments and standby forward commitments which part of the mortgage bankers
five years ago you borrowed 100000 to finance the purchase of a 120000 house the interest rate on the old mortgage is
distribution in bankruptcy hover companys balance sheet followsassetscurrent assets1200000land3000000plant and
distribution in bankruptcy the balance sheet of larkin corporation is shown belowassetscurrent assetscash7000marketable
going-concern value there was a petition for reorganization of hazel corporation filed under chapter 11 it was
bond issuance boxer corporation issues a 300000 16 percent 10-year bond at 108a what is the maturity valueb what is the
stock split the simpson company has 50000 shares of common stock having a par value of 12 per share the board of
reformulated capital structure blake companys capital structure on december 30 20x1 wascommon stock 1 par 100000
stock dividend the benson corporation has 9000 shares of common stock having a par value of 120 outstanding a 10
repurchase versus cash dividend ambers corporation is deciding whether to pay out 500 in excess cash in the form of an
dividend policy robert corporation pays out 70 percent of its earnings in the form of dividendsa evaluate this policy
trend in dividends many corporations attempt to maintain a sustained rather than a fluctuating cash dividend per share
dividend payout most corporation had a net income of 800000 in 20x1 earnings have grown at an 8 percent annual rate
dividends wilder corporations common stock account for 20x3 and 20x2 showedcommon stock 10 par value 45000the following
accounting practitioners have criticized some proposed accounting standards on the grounds that they would be difficult
five so-called broad principles of accounting were prepared by the aicpas special committee on cooperation with the
during its long tenure the cap produced a total of 51 arbs while the cap was in existence another committee the
in late 1990s the wyden amendment was stricken from the crime bill passed by congress the amendment would have required
clarion contractors completed the transactions and events involving the purchase and operation of equipment in its
nord company had 375000 of current assets and 150000 of current liabilities before borrowing 70000 from the bank with a
on april 1 par company paid 1600000 for all the issued and outstanding common stock of son corporation in a transaction
surgical products produces latex surgical gloves machines perform the majority of the processing for 1000 pairs of
phil thomas and mary martin sole proprietor of art innovations have decided to form a partnership all the assets and
as of december 31 2013 post company had total cash 156000 notes payable of 85000 and common stock of 52000 during 2014
dave co purchased a patent from larry co for 180000 on july 1 200 expenditures of 51000 for successful litigation in