38-DELL LLC had opening stock of 200 kgs value RO 2000. They purchased 300kgs @ RO 11 and later on they purchased400kgs RO 12. 300kgs were sold. The Value of closing stock as per First In First Out method will bea.RO 7000b.RO 7200c.RO6800d.RO 6700

Introduction: FIFO: FIFO stands for First in First Out. Which means first received inventory to be…

Answered: 38-DELL LLC had opening stock of 200…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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D2301. OL2) CengageNoWv2 | Online teaching and learning resource from Cengage Le... : Cengage Learning eBook Show Me How Dividends Per Share Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 60,000 shares of cumulative preferred 3% stock, $20 par and 410,000 shares of $25 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $33,000; second year, $72,000; third year, $100,000; fourth year, $110,000. Determine the dividends per share on each class of stock for each of the four years. Round all answers to two decimal places. If no dividends are paid in a given year, enter "0.00". 1st Year 2nd Year 3rd Year 4th Year Preferred stock (dividends per share) $ $ Common stock (dividends per share) Check My Work 1 more Check My Work uses remaining. Next
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Q3 Zamani Ltd had 700 000 Authorized Ordinary Shares with a par value of R1.80. 500 000 of these shares were already issued out to the public at par. On 1 January 2010, a decision was made to buy back some of the shares which had been issued out. Discuss the conditions under which Zamani Ltd can be allowed to buy back its shares.
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38-DELL LLC had opening stock of 200 kgs value RO 2000. They purchased 300kgs @ RO 11 and later on they purchased 400kgs RO 12. 300kgs were sold. The Value of closing stock as per First In First Out method will bea.RO 7000b.RO 7200c.RO 6800d.RO 6700

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38-DELL LLC had opening stock of 200 kgs value RO 2000. They purchased 300kgs @ RO 11 and later on they purchased 400kgs RO 12. 300kgs were sold. The Value of closing stock as per First In First Out method will bea.RO 7000b.RO 7200c.RO 6800d.BO 6700