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The following data apply to elizabeth's electrical equipment: value of operations $20,000 short-term investments $1,000 debt $6,000 number of shares 300 the company plans on distributing $1,000 by repurchasing stock. what will the intrinsic per share stock price be immediately after the repurchase? notes: with some combinations of variables, the residual policy may result in zero dividends and a zero payout ratio. these outcomes are note
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On the first day of the fiscal year, a company issues an $7,500,000, 8%, five-year bond that pays semiannual interest of $300,000 ($7,500,000 × 8% × ½), receiving cash of $7,740,000. journalize the first interest payment and the amortization of the related bond premium. round to the nearest dollar. if an amount box does not require an entry, leave it blank.
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The following data apply to elizabeth's electrical equipment: value of operations $20,000 short-ter...
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