What would be the number of additional shares
Braco has 40,000 shares of $100 par value common stock outstanding, and 10,000 shares in the treasury. The number of additional shares that would be issued in a 5% stock dividend is:
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Following are selected balance sheet accounts of Sander Bros. Corp. at December 31, 2010 and 2009, and the increases or decreases in each account from 2009 to 2010.
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Assume that the annual interest amount is reinvested, i.e. compounds, at the same annual interest rates. Would your answer change if Microsoft revised its outlook for the Euro to depreciate 1.25% per year?
Prepare appropriate journal entries for Kermit Manufacturing for 2011 and 2012. Assume straight-line depreciation and a December 31 year-end. First payment will be made at lease inception.
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