Ec industries owned investment securities with a book value of $45 million on august 12. at that time, ec's board of directors declared a property dividend consisting of these securities. the fair value of the securities was as follows: declaration – august 12 $ 58 million record date – september 1 62 million distribution date – september 20 60 million what amount of gain should the company recognize in earnings in connection with this property dividend?

Which of the following is the least effective way to reach a potential sales prospect? referral cold call direct mail personal visit

Titus manufacturing, inc. provided the following information for the year: purchases - direct materials $91,000 plant utilities and insurance 68,000 indirect materials 11,170 indirect labor 4270 direct materials used in production 99,000 direct labor 117,500 depreciation on factory plant & equipment 4000the inventory account balances as of january 1 are given below. direct materials $44,000 work-in-progress inventory 10,000 finished goods inventory 50,000what is the ending balance in the direct materials account? $135,000 $36,000 $110,170 $6000

On july 1, oura corp. made a sale of $ 450,000 to stratus, inc. on account. terms of the sale were 2/10, n/30. stratus makes payment on july 9. oura uses the net method when accounting for sales discounts. ignore cost of goods sold and the reduction of inventory. a. prepare all oura's journal entries. b. what net sales does oura report?