At December 31, Year 1, Adam Corporation has 5,000 shares of par value common stock, additional paid-in capital of $25,000, total shareholders' equity of $80,000, and retained earnings of $45,000 . What is the par value per share?
a. $1.00
b. $1.50
c. $2.00
d. $2.50
e. $3.00
C
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In a grant proposal for funding, what information is typically included in the cover letter?
A) What will be delivered B) What total costs will be C) The time frame of the deliverables D) The circumstances that will result in success E) What is being requested
In a normal job-order costing system, factory overhead is applied using actual rates times actual input
Indicate whether the statement is true or false
________________ , of the three stages of organizational socialization, takes place before the individual actually joins the organization.
a. Anticipatory socialization b. Change and acquisition phase c. Context phase d. Encounter phase
The price of a telescope purchased by Future Labs Inc was $32,100. It cost $898 for delivery. The salvage value at the end of 3 years is $6,764. Using the 150% declining-balance depreciation method, calculate the annual depreciation for year 2. (Round the declining-balance rate to 4 decimal places, and all dollar amounts to the nearest cent)
A) $16,499.00 B) $8,249.50 C) $24,748.50 D) $6,764.00