1. Humble Company had a great year allowing for $2,450,000 in


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Please help with attached accounting questions accounting questions 16Jun2014.docx 1. Humble Company had a great year allowing for $2,450,000 in dividends over a weightedaverage of 25,000,000 stocks. Their net income for the year was $205,000,000 with $2,000,000 sitting in their cash account. What is the EPS for Humble Company? 2. Back to Basics, Inc. is building Square One with the cost and other data listed in the table. Using the percentage of completion method to recognize revenue, compute the amount of gross profit recognized in 2012 and 2013. (Hint: Review past homework for help, the problem tells you where to look) Year 2012 2013 Costs incurred during the year 600,000 1,750,000 Estimated Costs To Complete 2,000,000 0 500,000 1,600,000 Billing during the year Read more

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