Question

Beef Corporation has 1 million authorized common shares of par value $0.10. It has 250,000 issued shares and 15,000 shares in Treasury. Answer each question independently.
1. The number of outstanding shares of Beef Corporation:
2. If the company declares a 15% stock dividend, the number of outstanding shares after the stock dividend is:
3. If the company has a 3-for-1 stock split, the number of outstanding shares after the stock split is:
4. Briefly discuss four major differences between IFRS and US GAAP, not the principles, but practical differences.



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  • CreatedJuly 26, 2013
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