Questions

ACCOUNTING-Red Lake Corporation EPS problem Assuming a tax rate of 30%

QUESTION Red Lake Corporation EPS problem Assuming a tax rate of 30%, calculate basic and diluted earnings per share for the fiscal year ended September 30, 2014. Net income is $540,000. Common stock at October 1, 2013: 10/1/2013 Par $10 Authorized shares 300,000 12/1/2013 Par $5 Authorized shares 600,000 December 1, 2013, 60,000 shares issued […]

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Date: September 2nd, 2020

ACCOUNTING-E-18-16 Sales with Repurchase. Cramer Corp. sells idle machinery

QUESTION E-18-16 Sales with Repurchase. Cramer Corp. sells idle machinery to Enyart Company on July 1, 2014 for $40,000. Cramer agrees to repurchase this equipment from Enyart on June 30, 2015 for a price of $42,000 and imputed interest rate of 6%.A. Prepare the journal entry for Cramer for the transfer of the asset to […]

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Date: September 2nd, 2020

“Song of Myself,” “I Saw in Louisiana…,” “When I Heard the Learned Astronomer

QUESTION Whitman/Dickinson/Twain/Crane ResponseAre there any similarities that can be found in the writings (even though there are different authors)? What is the theme that runs throughout each? What are the authors trying to say with these selections? Read them carefully, and tell me what you think. Use specific references from the text to illustrate your […]

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Date: September 2nd, 2020

Graded Assignment Journal, Part 1: Animal Farm

QUESTION Name: Date: Graded Assignment Journal, Part 1: Animal Farm The questions in this Journal Assignment cover readings in Lessons 1–4 of the Animal Farm unit (Chapters 1–5 of the text). You will probably want to wait until after Lesson 4 before you answer these questions, but you should keep the questions in mind as […]

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Date: September 2nd, 2020

Based on step one is this one or two-tail test of hypothesis

QUESTION Exam 3 Module 3 due Nov. 14th, 2015 at 5PM LeBron and Kyrie Company has a computer controlled machine that is programmed to do precision cutting of a circular brass disc with a mean diameter of 6.125 inches. The shop foreman takes a random sample of 8 discs from the production line. The diameters […]

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Date: September 2nd, 2020

ACCOUNTING-Walker Company (a US company) paid US$3,700,000 to acquire all of the common stock

QUESTION Question 5On May 1, 2011, Walker Company (a US company) paid US$3,700,000 to acquire all of the commonstock of Hayden Corporation (an Australian company), which now became a division of Walker.Hayden reported the following US$ balance sheet at the time of the acquisition:BookValue $Fair900,000Value $1,500,000Noncurrent Assets2,700,0002,300,000Current liabilities(600,000)(700,000)Long-term liabilities(500,000)(400,000)Current AssetsAt December 31, 2011, Hayden reports […]

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Date: September 2nd, 2020

ACCOUNTING-Chesley Company is planning to produce 2,500,000 power drills

QUESTION Chesley Company is planning to produce 2,500,000 power drills for the coming year. The company uses direct labor hours to assign overhead to products. Each drill requires 0.7 standard hour of labor for completion. The total budgeted overhead was $1,980,600. The total fixed overhead budgeted for the coming year is $1,325,800. Predetermined overhead rates […]

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Date: September 2nd, 2020