Debits revenue est revenue on sale of investments on debt securities on projected benefit obligation of goods sold ng expense ill impairment loss est expense al and administrative expense $ 155,000 6,155,000 750,000 525,000 25,000 450,000 Credits $ 8,350,000 55,000 115,000 137,500 n on debt securities represents the increase in the fair value of debt securities and hensive income Kroeger had 300.000 shares of stock outstanding throughout the

Effect of Financing on Earnings per Share Henriksen Co., which produces and sells biking equipment, is financed as follows: Bonds payable, 10% (issued at face amount) $450,000 Preferred $1 stock, $10 par 450,000 Common stock, $25 par 450,000 Income tax is estimated at 40% of income. Determine the earnings per share of common stock, assuming that the income before bond interest and income tax is (a) $193,500, (b) $238,500, and (c) $283,500. Enter answers in dollars and cents, rounding to two decimal places. a. Earnings per share on common stock b. Earnings per share on common stock $ c. Earnings per share on common stock

A Company provided the following data for the current year: Gain on sale of equipment – P60,000; Proceeds from sale of equipment – P100,000; Purchase of bonds with P2,000,000 face value – P1,800,000; Amortization of bond discount – P20,000; Dividends declared – P450,000; Dividends paid – P380,000; Proceeds from sale of treasury shares (at cost P650,000) – P750,000 What amount should be reported as net cash used in investing activities? [A] 1,700,000 [B] 1,760,000 [C] 1,880,000 [D] 1,940,000

SFP accounts of Sandhill Inc., which follows IFRS, follow: Debit accounts Cash FV-NI investments Accounts receivable Merchandise inventory Machinery Buildings Land Credit accounts Sandhill Inc. Comparative Statement of Financial Position Accounts December 31, 2023 and 2022 Allowance for expected credit losses Accumulated depreciation-machinery Accumulated depreciation-buildings Accounts payable Accrued liabilities Income taxes payable Long-term note payable-non-trade Common shares Retained earnings Additional information: 1 2 3. 4. 2023 $44,900 22,660 67,390 30,430 29,400 67,420 7,500 $269,700 $1,290 5,795 13,350 29,590 2,405 910 26,300 150,000 40,060 $269,700 2022 $33,400 40,000 59,900 24,400 Sandhill's 2023 statement of income is as follows: 18,250 56,250 7,500 $239,700 $540 2,420 8,850 24,350 1,160 1,410 Sandhill has adopted the policy of classifying interest paid as operating activities and dividends paid as financing activities. 31,300 125,000 44,670 $239,700 Cash dividends…

1. SLM, Inc., with sales of $1,000, has the following balance sheet: SLM, Incorporated Balance Sheet as of 12/31/X0 Labilities and Equit Trade accounts payable Long-term debt Equity Assets Accounts receivable $ 200 Inventory 400 Plant 800 $1,400 $ 200 600 600 $1,400 It earns 10 percent on sales (after taxes) and pays no dividends. a. Determine the balance sheet entries for sales of $1,500 using the per- cent of sales method of forecasting. b. Will the firm need external financing to grow to sales of $1,500? e. Construct the new balance sheet and use newly issued long-term br to cover any financial deficiency, EXINC

Projected Spontaneous Liabilities Smiley Corporation's current sales and partial balance sheet are shown below.     This year Sales   $ 10,000   Balance Sheet: Liabilities         Accounts payable   $ 1,500   Notes payable   $ 2,500   Accruals   $ 1,800       Total current liabilities   $ 5,800   Long-term bonds   $ 2,000       Total liabilities   $ 7,800   Common stock   $ 1,500   Retained earnings   $ 2,000       Total common equity   $ 3,500     Total liabilities & equity   $ 11,300     Sales are expected to grow by 8% next year. Assuming no change in operations from this year to next year, what are the projected spontaneous liabilities? Do not round intermediate calculations. Round your answer to the nearest dollar. $

Atlanta Company $ 429,000 572,000 Atlanta Company Spokane Company Total liabilities Total equity Compute the debt-to-equity ratio for each of the above companies. Debt to equity ratio Choose Numerator: Spokane Company $ 549,000 1,830,000 / Choose Denominator: 1 1 1 = Debt-to-equity ratio =

a company has the following items: share capital-ordinaty: $920,000  treasury shares : $85,000 deferred taxes $100,000 retained earning : $ 363,000 which ammount should be report as total equity ? A- 1098000 B- 1198000 C- 1298000 D- 1398000

Projected Spontaneous Liabilities Smiley Corporation's current sales and partial balance sheet are shown below.     This year Sales   $ 10,000   Balance Sheet: Liabilities         Accounts payable   $ 1,500   Notes payable   $ 3,000   Accruals   $ 1,600       Total current liabilities   $ 6,100   Long-term bonds   $ 2,000       Total liabilities   $ 8,100   Common stock   $ 2,000   Retained earnings   $ 3,000       Total common equity   $ 5,000     Total liabilities & equity   $ 13,100     Sales are expected to grow by 12% next year. Assuming no change in operations from this year to next year, what are the projected spontaneous liabilities? Do not round intermediate calculations. Round your answer to the nearest dollar.

Projected Spontaneous Liabilities Smiley Corporation's current sales and partial balance sheet are shown below.     This year Sales   $ 10,000   Balance Sheet: Liabilities         Accounts payable   $ 1,500   Notes payable   $ 3,000   Accruals   $ 1,600       Total current liabilities   $ 6,100   Long-term bonds   $ 2,000       Total liabilities   $ 8,100   Common stock   $ 2,000   Retained earnings   $ 3,000       Total common equity   $ 5,000     Total liabilities & equity   $ 13,100     Sales are expected to grow by 12% next year. Assuming no change in operations from this year to next year, what are the projected spontaneous liabilities? Do not round intermediate calculations. Round your answer to the nearest dollar.   Answer is not 6832.