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During the current year, the total assets of Mifflinburg Corporation decreased by $60,

000 and total liabilities decreased by $300,000. The company issued $100,000 of new stock, and its net income for the year was $250,000. No other changes to stockholders’ equity occurred during the year. The dollar amount of dividends declared by the company during the year is: ().

A、100000

B、200000

C、110000

D、250000

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更多“During the current year, the total assets of Mifflinburg Corporation decreased by $60,”相关的问题

第1题

During deflationary periods, the use of the LIFO method of costing inventory will result in a lower amount of current assets than would result from the use of the FIFO method.（)

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第2题

During inflationary periods, an advantage of the LIFO inventory cost method is that

it matches more recent costs against current revenues.()

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第3题

Present entries to record the following selected transactions completed during the current fiscal year:

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第4题

During the current year, Swallowtail Corporation receives dividend income of $40,000 f

A.$0

B.$20,000

C.$26,000

D.$28,000

E.$40,000

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第5题

The journal entry to record the cost of warranty repairs that were incurred during t

he current period, but related to sales made in prior years, includes a debit to Warranty Expense.()

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第6题

Anna receives a salary of $42,000 during the current year.She sells some land that she

A.$42,000

B.$46,000

C.$50,000

D.$53,000

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第7题

During the current year, the assets of The Big Dial increase by $132,000, and the lia

A.Decreases by $52,000 during the year.

B.Increases by $52,000 during the year.

C.Increases by $212,000 during the year.

D.$52,000 at the end of the year.

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第8题

Jacob is experiencing cash flow problems during the current year.Rather than put the

A.0

B.$10,000

C.$20,000

D.$30,000

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第9题

Inventories are considered as current assets because they: （).

A.often reflect the most current trends.

B.usually were purchased during the current year.

C.will be converted into cash in the course of the company's operating cycl

D.can be returned to the supplier.

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第10题

Free Radio Pratique will be granted by the Port Health Office in the following case ______

．

A.Vessel with a case or suspected case of infectious disease on board

B.Vessel with a dead body on board

C.Vessel which has visited plague-infected ports during the current voyage

D.Cargo vessel which hasn't called at any plague infected ports during the current voyage and on which there is not any case of infectious disease，or any dead body

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第11题

During the current year, Mars Corporation receives dividend income of $20,000 from an 85%-owned domestic corporation. What is Mars' maximum allowable dividend-received deduction for the current year（)

A.$0

B. $10,000

C. $13,000

D.$14,000

E. $20,000

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