Calculating stock, dividends, and stock splits Differentiate types of stocks issued by corporations. Reference Business - Accounting ACC 291 All Week 3 Assignments - Individual WileyPlus Assignment
Includes:
Week 3 Chapter 11 practice quiz 1
Week 3 Chapter 12 Practice quiz 1
Week 3 reflection summary
Week 3 Discussion questions 1 and 2
Week 3 Individual WileyPlus assignment as described below:
Exercise E9-7
Brainiac Company purchased a delivery truck for $30,000 on January 1, 2011. The truck has an expected salvage value of $2,000, and is expected to be driven 100,000 miles over its estimated useful life of 8 years. Actual miles driven were 15,000 in 2011 and 12,000 in 2012.
Exercise E10-5
Don Walls's gross earnings for the week were $1,780, his federal income tax withholding was $301.63, and his FICA total was $135.73.
Exercise E10-10
On January 1, Neuer Company issued $500,000, 10%, 10-year bonds at par. Interest is payable semiannually on July 1 and January 1
Exercise E10-11
On January 1, Flory Company issued $300,000, 8%, 5-year bonds at face value. Interest is payable semiannually on July 1 and January 1
Exercise E10-15
Leoni Co. receives $240,000 when it issues a $240,000, 10%, mortgage note payable to finance the construction of a building at December 31, 2011. The terms provide for semiannual installment payments of $20,000 on June 30 and December 31
Exercise E10-18
Hrabik Corporation issued $600,000, 9%, 10-year bonds on January 1, 2011, for $562,613. This price resulted in an effective-interest rate of 10% on the bonds. Interest is payable semiannually on July 1 and January 1. Hrabik uses the effective-interest method to amortize bond ...
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