Lidiot co. commenced its existence on january 1 of the current year. its articles of incorporation authorize the issuance of 1 million shares of $10 par value common stock. on february 1, it issued 200,000 shares for $2.5 million. on april 30, 8,000 shares were issued to a management consultant in exchange for services rendered. these services had a fair value of $120,000. on november 1, lidiot issued 40,000 shares for a plant site when the fair value of the stock was $17.50 per share. assuming that the foregoing were the only transactions affecting the paid-in capital accounts in the first year of lidiot’s operations, what was the balance of additional paid-in capital at year end?

How much of your paycheck do you have immediate access to once you deposit it into your bank account a. all of it b. a portion of it c. none of it

The manda panda company uses the allowance method to account for bad debts. at the beginning of 2018, the allowance account had a credit balance of $92,400. credit sales for 2018 totaled $3,190,000 and the year-end accounts receivable balance was $507,500. during this year, $88,500 in receivables were determined to be uncollectible. manda panda anticipates that 3% of all credit sales will ultimately become uncollectible. the fiscal year ends on december 31. required: 1. does this situation describe a loss contingency? 2. what is the bad debt expense that manda panda should report in its 2018 income statement? 3. prepare the appropriate journal entry to record the contingency. 4. complete the table below to calculate the net realizable value manda panda should report in its 2018 balance sheet?

Recent studies have shown that 20% of americans fit the medical definition of obese. a random sample of 50 americans is selected and the number of obese in the sample is determined. what is the sampling distribution of the sample proportion latex: \hat p p ^ ?