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Halifax Corporation had the following items in its adjusted trial balance at November 30, 2019:...

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Accounting

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Halifax Corporation had the following items in its adjusted trial balance at November 30, 2019: Description Debit Credit Accounts receivable $255,000 Allowance for doubtful accounts $10.200 D On February 15, 2020, management determined that a 59.000 account owing from Vancouver Architecture Inc. was uncollectible. As a result, management decided to write of the account April 30, 2020, Vancouver Architecture paid Halifax Corporation $4.500 on the ut the viously written oft 3. Compute the price of a share of stock that pays a $1 per year dividend and that you expect to be able to sell in one year for $20, assuming you require a 15% return

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