Question
A firm with 25,000shares outstanding pays $3per share as dividends.What would be the impact of this entry? Decrease Cash $75,000;Decrease Retained Earnings $75,000 Decrease Cash$75,000;Increase
A firm with 25,000shares outstanding pays $3per share as dividends.What would be the impact of this entry?
Decrease Cash $75,000;Decrease Retained Earnings $75,000
Decrease Cash$75,000;Increase Retained Earnings $75,000
Decrease Cash$25,000;Decrease Retained Earnings $25,000
Decrease Cash$25,000;Increase Retained Earnings $25,000
Decrease Cash$75,000;Decrease Net Income $75,000
Thomas Technologies issued 10%bonds with a face amount of $80 million on January 1,2011.The bonds mature on December 31,2020(10years).Themarket rate is 12%.Interest is paid semi-annually on June 30 and December 31.What is the present value of the bonds on January 1, 2011.
$71,926,088
$88,526,412
$82,987,389
$29,944,378
$70,824,063
How much cash was received from customers during the year based on the following information?
Net Sales: $12,000
Ending Net Receivables: $3,000
Beginning Net Receivables: $2,000
$11,000
$12,000
$15,000
$13,000
$10,000
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