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Use the following Information to Answer the Questions Below 1. Dec 1 Our Business Authorized 500.000 Shares of $1 par value stock. 2. Dec 1

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Use the following Information to Answer the Questions Below 1. Dec 1 Our Business Authorized 500.000 Shares of $1 par value stock. 2. Dec 1 Our Business Issued 100.000 shares of common stock for $5.00 Each 3. Dec 1 Our Business Issued 300 Bonds for $1,000 each. Face Value of $1.000, Due in Twenty Years. Face Interest Rate of 4.40% Payable Annually on Nov 30-th of Each Year 4. Dec 10 Our Business made Service Sales to Customers of $140,000 on account, 5. Dec 20 Our Business Bought Back 20,000 Shares of Common stock for $3.00 each 6. Dec 21 Our Business Paid December Operating Expenses of $33,000 with checks. 7. Dec 31 Our Business Paid Dividends of $0.90 Cents to EACH Shareholder as of this DATE 8. Dec 31 Our Business Recorded One Month of Interest Payable on the Bond QUESTIONS Enter your Answers as a NUMBER ONLY, NO Commas, Decimals, or Dollar signs. Show any Negative Number with a - or in Parens as follows, -200 or (200) 1. Compute the Net Income for the Month - 2 Compute the End Total Cash Balance 3. Compute the Additional Paid in Capital Dollar Balance - 4. Compute the Number of Common Stock Shares Issued for the Month 5. Compute the Number of Common Stock Shares Outstanding for the Month 6 Compute the Ending Retained Earnings for the Month 7. Compute the Ending Total Assets Balance 8. Compute the Ending Total Liabilities Balance 9. Compute the Ending Total Owners Equity Balance 10. What is the Market Rate of Interest on the Date the Bonds were issued? Enter your Answer as a Percent out to the 2nd Decimal like this 10.00%

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