On May 15, Helena Carpet Inc., a carpet wholesaler, issued for cash 795,000 shares of no-par common stock (with a stated value of $1.80) at $4.60, and on June 30, it issued for cash 17,500 shares of preferred stock, $55 par at $62. Required: A. Journalize the entries for May 15 and June 30, assuming that the common stock is to be credited with the stated value. Refer to the Chart of Accounts for exact wording of account titles. B. What is the total amount invested (total paid-in capital) by all stockholders as of June 30
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Business, 21.06.2019 13:10
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Business, 22.06.2019 06:00
If you miss two payments on a credit card what is generally the penalty
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Business, 22.06.2019 12:50
You are working on a bid to build two city parks a year for the next three years. this project requires the purchase of $249,000 of equipment that will be depreciated using straight-line depreciation to a zero book value over the three-year project life. ignore bonus depreciation. the equipment can be sold at the end of the project for $115,000. you will also need $18.000 in net working capital for the duration of the project. the fixed costs will be $37000 a year and the variable costs will be $148,000 per park. your required rate of return is 14 percent and your tax rate is 21 percent. what is the minimal amount you should bid per park? (round your answer to the nearest $100) (a) $214,300 (b) $214,100 (c) $212,500 (d) $208,200 (e) $208,400
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Business, 22.06.2019 14:30
The face of a company is often that of the lowest paid employees who meet the customers. select one: true false
Answers: 1
On May 15, Helena Carpet Inc., a carpet wholesaler, issued for cash 795,000 shares of no-par common...
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