Part of common stockholders equity
When computing return on common stockholder's equity, retained earnings should be included as part of common stockholders' equity?
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What is the difference between cost accounting and a cost accounting system? Explain the difference. What is an important feature of a cost accounting system?
Compute unit costs and prepare a cost reconciliation schedule. (Round unit costs to 2 decimal places, e.g. 10.50. Use rounded amounts for future calculations. Round other answers to 0 decimal places, e.g. 125.)
An increase in the number of shares of common stock outstanding will decrease a company's price-earnings ratio if the market price per share remains unchanged?
Ms. Big, the president, suggests that since the equipment can be sold for $500,000, it should be scrapped. In her words, "I learned a long time ago that when you make mistakes it's best to admit them and take your lumps.
NewCar.com, Inc., an innovative, Internet-based automobile retailer based in Ghana, is beginning to seek customers in the U.S. Currently, it has no sales personnel or assets located in the U.S.
Pension plan assets were $80 million at the beginning of the year and $83 million at the end of the year. The return on plan assets was 5%. At the end of the year, cash invested in the pension fund was $7 million.
JC Controls, Inc. issued $12,000,000 of 15-year, 10% bonds. The market rate at the time of issue was 12% Interest is payable semiannually.
On January 1, a company borrowed cash by issuing a $300,000, 5%, installment note to be paid in three equal payments at the end of each year beginning December 31.
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