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ACC 291 Final Exam - ACC 291 Final Exam University of Phoenix | UOP E Tutors

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$2,520,000.<br />

$2,517,900.<br />

27) The following data is available for BOX Corporation at December 31,<br />

2014:<br />

Common stock, par $10 (authorized 30,000 shares) $250,000<br />

Treasury stock (at cost $15 per share) $1,200<br />

Based on the data, how many shares <strong>of</strong> common stock are outstanding?<br />

30,000.<br />

24,920.<br />

25,000.<br />

29,920.<br />

28) Indicate the respective effects <strong>of</strong> the declaration <strong>of</strong> a cash dividend<br />

on the following balance sheet sections:<br />

Total Assets Total Liabilities<br />

Total Stockholders' Equity<br />

Decrease Increase Decrease<br />

Increase Decrease No change<br />

Decrease No change Increase<br />

No change Increase<br />

Decrease<br />

29) Assume the following cost <strong>of</strong> goods sold data for a company:

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