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.

The digby's workforce complement will grow by 20% (rounded to the nearest person) next year. ignoring downsizing from automating, what would their total recruiting cost be? assume digby spends the same amount extra above the $1,000 recruiting base as they did last year. select: 1 $2,840,000 $3,408,000 $570,000 $475,000

On july 1, 2016, killearn company acquired 103,000 of the outstanding shares of shaun company for $21 per share. this acquisition gave killearn a 40 percent ownership of shaun and allowed killearn to significantly influence the investee's decisions. as of july 1, 2016, the investee had assets with a book value of $6 million and liabilities of $1,468,500. at the time, shaun held equipment appraised at $140,000 above book value; it was considered to have a seven-year remaining life with no salvage value. shaun also held a copyright with a five-year remaining life on its books that was undervalued by $562,500. any remaining excess cost was attributable to goodwill. depreciation and amortization are computed using the straight-line method. killearn applies the equity method for its investment in shaun. shaun's policy is to declare and pay a $1 per share cash dividend every april 1 and october 1. shaun's income, earned evenly throughout each year, was $580,000 in 2016, $606,600 in 2017, and $649,200 in 2018. in addition, killearn sold inventory costing $93,000 to shaun for $155,000 during 2017. shaun resold $97,500 of this inventory during 2017 and the remaining $57,500 during 2018.a. determine the equity income to be recognized by killearn during each of these years. 2016 2017 2018b. compute killearn’s investment in shaun company’s balance as of december 31, 2018.

In terms of precent, beer has more alcohol than whiskey true or false