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Roberts Company’s common stock has no-par value. The company issued 5,000 shares at $7 per share on January 30 of the current year. Which is the correct journal entry to record this transaction?

Parker, Inc. expects the following for 2025:Net cash provided by operating activities of $21,000Net cash provided by financing activities of $61,000Net cash provided by investing activities of $73,000Cash dividends to stockholders of $4,000Parker expects to spend $9,000 on facility upgrades. How much free cash flow does Parker expect for 2025?

A company originally issued 19,000 shares of $7 par value common stock at $9 per share. The board of directors declares a 10% stock dividend when the market price of the stock is $12 a share. Which of the following is included in the entry to record the declaration of a stock dividend?

On January 1, 2026, Cowell Services issued $180,000 of 5% bonds that mature in ten years. The bonds were issued at 92. The journal entry to issue bonds would be:

On the ________, cash dividends become a liability of a corporation.

Assets with no physical form are called ________.

A company’s own stock that it has previously issued and later reacquired is called ________.

Hank earns $23.50 per hour with time-and-a-half for hours in excess of 40 per week. He worked 52 hours at his job during the first week of March, 2025. Hank pays income taxes at 15% and 7.65% for OASDI and Medicare. All of his income is taxable under FICA. Determine Hank’s net pay for the week. Do not round any intermediate calculations and round final answer to the nearest cent.

Ballpark has 50,000 shares of $11.00 par common stock outstanding. Ballpark announces a stock split of 4-for-1. What is the effect of the split?

Aniston Corp. purchased a new machine for $27,000. The machine required installation costs of $8,900 and insurance while in transit of $1,400. At which of the following amounts would the machine be recorded?