Business, 15.07.2019 00:30 pedrojsq271
Marigold corp. has 634000 shares of $10 par value common stock outstanding. during the year marigold declared a 13% stock dividend when the market price of the stock was $46 per share. two months later marigold declared a $0.60 per share cash dividend. as a result of the dividends declared during the year, retained earnings decreased by: $ 505000. $3791320. $ 429852. $4221172.
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Connors academy reported inventory in the 2017 year-end balance sheet, using the fifo method, as $154,000. in 2018, the company decided to change its inventory method to lifo. if the company had used the lifo method in 2017, the company estimates that ending inventory would have been in the range $130,000-$135,000. what adjustment would connors make for this change in inventory method?
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Marigold corp. has 634000 shares of $10 par value common stock outstanding. during the year marigold...
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