Anders, Inc., has 10,000 shares of 5%, $100 par value, cumulative preferred stock and 40,000 shares of $1 par value common stock outstanding on December 31, 2018. There were no dividends declared in 2016. The board of directors declares and pays dividends of $90,000 each in 2017 and in 2018. What is the dividends per share received by the common stockholders in 2018?

Group of answer choices

$1.00

$1.25

$0.75

$1.75

Anders, Inc., has 10,000 shares of 5%, $100 par value, cumulative preferred stock and 40,000 shares of $1 par value common stock outstanding on December 31, 2018. There were no dividends declared in 2016. The board of directors declares and pays dividends of $90,000 each in 2017 and in 2018. What is the dividends per share received by the common stockholders in 2018?

Group of answer choices

$1.00

$1.25

$0.75

$1.75

Champagne, Inc., had revenues of $14 million, cash operating expenses of $9.5 million, and depreciation and amortization of $1.6 million during 2018. The firm purchased $650,000 of equipment during the year while increasing its inventory by $450,000 (with no corresponding increase in current liabilities). The marginal tax rate for Champagne is 30 percent. What is Champagne's cash flow from operations for 2018? What is Champagne's free cash flow for 2018?

On January 1, 2018, the Brunswick Hat Company adopted the dollar-value LIFO retail method. The following data are available for 2018:

Required:
Calculate the estimated ending inventory and cost of goods sold for 2018.

Assume TTT (a) collected $420 million in 2018 for magazines that will be distributed later in 2018 and 2019, (b) provided $204 million of services on these subscriptions in 2018, and (c) provided $216 million of services on these subscriptions in 2019.

Using the information given, indicate the accounts, amounts, and accounting equation effects of transactions (a), (b), and (c). (Enter any decreases to assets, liabilities, or stockholders equity with a minus sign. Enter your answers in whole dollars.)

Suppose on January 1, 2017, a company borrows $50,000 from a bank at a 5 percent annual rate, with principal and interest payment due at the end of 2018. On January 1, 2017, it also acquires furniture with a ten-year useful life and no salvage value for $40,000. On June 30, 2018, it sells the furniture for an $2,000 gain. What are the operating, investing, and financing cash flows associated with these transactions in (1) 2017 and (2) 2018?

Prepare the necessary adjusting entries at December 31, 2018 for the Hinsdale Company.

1.      On December 1, 2018, the company paid its annual fire insurance premium of $6,000 and debited Prepaid Insurance. The fire policy covers the 12 month period beginning on December 1^st.

2. Depreciation on factory equipment is $7,500 for the year.

3.     Employee salaries for the month of December 2018 of $16,000 will be paid on January 20, 2019.

in 2018, PF Chan has gross profit of $100,000. It has $12,000 in depreciation expenses and $18,000 SG&A. The company has no debt. The effective tax rate is 28%. The company reported net fixed asset of $200,000 and net working capital of $35,000 in 2018, and $180,000 in net fixed assets and $28,000 in net working capital in 2017. What is the operating cash flow and free cash flow for PF Chan in 2018?

Meca Concrete purchased a mixer on January 1, 2016, at a cost of $39,600. Straight-line depreciation for 2016 and 2017 was based on an estimated eight-year life and $2,400 estimated residual value. In 2018, Meca revised its estimate and now believes the mixer will have a total service life of only six years, and that the residual value will be only $1,400. Compute annual depreciation for 2018 and 2019.

Annual depreciation for 2018 and 2019-

4. Bonds Issued between Interest Dates

D Company planned on Issuing bonds $2000,000 on January 1, 2018 but due to slowdowns

the bonds were not sold until April 1, 2018. These 8 year bonds pay 6% interest annually

each December 31st and were sold to yield 5.5%.

Prepare and amortization table for these bonds and the entry to record their issuance and the

first payment on December 31, 2018.