Business, 22.10.2019 21:50 tannerbc16
The shareholders’ equity section of the balance sheet of tnl systems inc. included the following accounts at december 31, 2017: shareholders' equity ($ in millions) common stock, 320 million shares at $1 par $ 320 paid-in capital—excess of par 1,920 paid-in capital—share repurchase 1 retained earnings 2,200 required: 1. during 2018, tnl systems reacquired shares of its common stock and later sold shares in two separate transactions. prepare the entries for both the purchase and subsequent resale of the shares assuming the shares are (a) retired and (b) viewed as treasury stock. on february 5, 2018, tnl systems purchased 6 million shares at $10 per share. on july 9, 2018, the corporation sold 2 million shares at $12 per share. on november 14, 2020, the corporation sold 2 million shares at $7 per share. 2. prepare the shareholders’ equity section of tnl systems’ balance sheet at december 31, 2020, comparing the two approaches. assume all net income earned in 2018–2020 was distributed to shareholders as cash dividends.
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Business, 22.06.2019 08:00
In addition to using the icons to adjust page margins, a user can also use
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Business, 22.06.2019 09:00
Harry is 25 years old with a 1.55 rating factor for his auto insurance. if his annual base premium is $1,012, what is his total premium? $1,568.60 $2,530 $1,582.55 $1,842.25
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Business, 22.06.2019 09:40
The relationship requirement for qualifying relative requires the potential qualifying relative to have a family relationship with the taxpayer. t or fwhich of the following is not a from agi deduction? a.standard deductionb.itemized deductionc.personal exemptiond.none of these. all of these are from agi deductions
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Business, 22.06.2019 11:00
Which statement best describes the variety of workplaces commonly found in the health science career cluster? a. workplaces in this cluster include healthcare facilities such as hospitals, physician offices, and clinics. b. workplaces in this cluster include healthcare facilities, laboratories, and other environments such as offices or homes. c . workplaces in this cluster include nonprofit hospitals, government-run clinics, and private physicians' offices. d. workplaces in this cluster include private and nonprofit hospitals and clinics, and dentists' offices.
Answers: 1
The shareholders’ equity section of the balance sheet of tnl systems inc. included the following acc...
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