Entries by mary WAMBUGU

On January 2, 2017, Alpha Corporation issued 15,000 shares of $10 par value common stock for $15 per share. On July 1, 2017, Alpha reacquired 1,000 of these shares when they were trading $20 each.

On January 2, 2017, Alpha Corporation issued 15,000 shares of $10 par value common stock for $15 per share. On July 1, 2017, Alpha reacquired 1,000 of these shares when they were trading $20 each. September 1, 2017, Alpha reissued 500 shares of its treasury stock for $22 per share. no other stock transactions occurred […]

 

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a survey of 488 citizens found that 379 of them favor a new bill introduced by the city. Terrance want to find a 95% confidence interval for the true proportion of the population who favor the bill.

a survey of 488 citizens found that 379 of them favor a new bill introduced by the city. Terrance want to find a 95% confidence interval for the true proportion of the population who favor the bill. What is the lower limit of the interval?   Looking for a Similar Assignment? Order now and Get […]

 

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Lambert Company issues $700,000 of 10%, 10-year bonds on January 1, 2017 at 102. Interest is payable annually on January 1. The company uses the straight-line method of amortization

Question Lambert Company issues $700,000 of 10%, 10-year bonds on January 1, 2017 at 102. Interest is payable annually on January 1. The company uses the straight-line method of amortization Instructions: Journalize the entries on (1) January 1, 2017, (2) December 31, 2017. and (3) January 1, 2018.   Looking for a Similar Assignment? Order […]

 

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The effect on a company’s operating income of discontinuing a department with a contribution margin of $8,000 and allocated overhead of $16,000 (of which $7,000 cannot be eliminated would be to

The effect on a company’s operating income of discontinuing a department with a contribution margin of $8,000 and allocated overhead of $16,000 (of which $7,000 cannot be eliminated would be to : A. Decrease operating income by $9,000 B. Decrease Operating Income by $1,000 C. Increase operating income by $8,000 D. Decrease operating income by […]

 

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