Jardine Matheson Group

Case 3- 1 Jardine Matheson Group (Part 1) The Jardine Matheson Group is a major conglomerate within the Asian region. Its business interests include large companies, which are market leaders in many fields, including engineering and construction, transport services,...

The Comfy

The Comfy is a product dreamed by the Speciale brothers. Michael and Brian. The Speciale Brothers hit the jackpot on Shark Tank and agreed to sell a 30% stake in their business for 550,000 on Dec 31, 2020. The first year went amazing! The company went from just a few...

A company’s January 1, 2019 balance sheet report

  A company’s January 1, 2019 balance sheet reported total assets of $150,000 and total liabilities of $60,000. During January 2019, the company completed the following transactions: (A) paid a note payable using $10,000 cash (no interest was paid); (B)...

Total stockholders’ equity after the transactions

    A company’s January 1, 2019 balance sheet reported total assets of $120,000 and total liabilities of $40,000. During January 2019, the following transactions occurred: (A) the company issued stock and collected cash totaling $30,000; (B) the...

Superior’s dividend declarations

Superior has provided the following information for its recent year of operation: The common stock account balance at the beginning of the year was $20,000 and the year-end balance was $25,000. The additional paid-in capital account balance increased $2,500 during the...