Business, 28.04.2021 19:40 simonthang8
At the end of the year, the records of NCIS Corporation provided the following selected and incomplete data: Common stock (par $10); no changes in account during the year. Shares authorized, 330,000. Shares issued: (all shares were issued at $15 per share. Total cash collected: $2,190,000. Treasury stock: 4,000 shares (repurchased at $20 per share). The treasury stock was acquired after a stock split was announced. Net income, $286,840. Dividends declared and paid: $161,880. Retained earnings beginning balance: $685,000.
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At the end of the year, the records of NCIS Corporation provided the following selected and incomple...
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