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For 2-bonus points… In the class recording a stock split transaction was announced on 1/30/24. What was the company and what was the split ratio?

Preferred stock issued in exchange for land would be reported in the statement of cash flows in

A psychologist who is “eclectic” can best be described as

A building with a book value of $54,000 is sold for $63,000 cash. Using the indirect method, this transaction should be shown on the statement of cash flows as follows:

Which of the following costs are not included in finished goods inventory?

A ten-year bond was issued at par for $250,000 cash. This transaction should be shown on a statement of cash flows under

Reynolds Manufacturers Inc. has estimated total factory overhead costs of $124,300 and expected direct labor hours of 11,300 for the current fiscal year. If job number 117 incurs 1,210 direct labor hours, Work in Process will be debited and Factory Overhead will be credited for

At the end of the year, overhead applied was $3,636,000. Actual overhead was $3,222,000. Closing over/underapplied overhead into Cost of Goods Sold would cause net income to

Which of the following increases cash?

Privett Company Accounts payable $30,000 Accounts receivable 35,000 Accrued liabilities 7,000 Cash 25,000 Intangible assets 40,000 Inventory 72,000 Long-term investments 100,000 Long-term liabilities 75,000 Marketable securities 36,000 Notes payable (short-term) 20,000 Property, plant, and equipment 400,000 Prepaid expenses 2,000 Based on the data for Privett Company, what is the amount of working capital?