Finishing touches has two classes of stock authorized: 7%, $10 par preferred, and $1 par value common. the following transactions affect stockholders' equity during 2021, its first year of operations: january 2 issues 100,000 shares of common stock for $27 per share. february 6 issues 2,200 shares of 7% preferred stock for $13 per share. september 10 purchases 12,000 shares of its own common stock for $32 per share. december 15 resells 6,000 shares of treasury stock at $37 per share. in its first year of operations, finishing touches has net income of $152,000 and pays dividends at the end of the year of $94,000 ($1 per share) on all common shares outstanding and $1,540 on all preferred shares outstanding. prepare the stockholders' equity section of the balance sheet for finishing touches as of december 31, 2021.

Ida sidha karya company is a family-owned company located on the island of bali in indonesia. the company produces a handcrafted balinese musical instrument called a gamelan that is similar to a xylophone. the gamelans are sold for $860. selected data for the company’s operations last year follow: units in beginning inventory 0 units produced 320 units sold 285 units in ending inventory 35 variable costs per unit: direct materials $ 135 direct labor $ 355 variable manufacturing overhead $ 30 variable selling and administrative $ 15 fixed costs: fixed manufacturing overhead $ 64,000 fixed selling and administrative $ 27,000 the absorption costing income statement prepared by the company’s accountant for last year appears below: sales $ 245,100 cost of goods sold 205,200 gross margin 39,900 selling and administrative expense 31,275 net operating income $ 8,625 required: 1. under absorption costing, how much fixed manufacturing overhead cost is included in the company's inventory at the end of last year? 2. prepare an income statement for last year using variable costing. what is the amount of the difference in net operating income between the two costing methods?

How much does a neurosurgeon can make most in canada? give me answer in candian dollar

Your grandmother told you a dollar doesn't go as far as it used to. she says the purchasing power of a dollar is much lesser than it used to be. explain what she means. try and use and explain terms like inflation and deflation in your answer.