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1. prepare the journal entries for retirement of 5 million common shares for 22 million with a debit of 2 million to the retained earnings prepare journal entries for declaration and payment of a .33 per share cash dividend with a debit of 33 million to the retained earnings Prepare journal entries for declaration and distribution of a 4% stock dividend with a debit of 20 million to the retained earnings also the company has outstanding 105 million common shares $ 1 par per share how do i prepare a statement of retained earnings with this information
2. Is it a breach of contract if a tenant does not give in writing their intentions to renew a rental agreement?
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3. xyz ltd is in the business of manufacturing steel utensils. the firm is planning to diversify and add a new product line. the firm either can buy the required machinery or get it on lease. the machine can be purchased for Rs.15,00,000. it is expected to have a useful life of 5years with salvage value of Rs.1,00,000 aftert he expiry of 5years. the purchase can be financed by 20% loan repayable in 5 eequal installments(inclusive of interest. becomingh due at the end of the each year. alternatively the machine can be taken on year end lease rentals of Rs.4,50,000 for 5years. advise the company which option it should choose
4. How does the structure of the company’s debt affect management decision making?
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