Prior to june 30, a company has never had any treasury stock transactions. a company repurchased 100 shares of its $1 par common stock on june 30 for $40 per share. on july 20, it reissued 50 of these shares at $46 per share. on august 1, it reissued 20 of the shares at $38 per share. what is the journal entry necessary to record the repurchase of stock on june 30? multiple choice debit common stock $4,000; credit cash $4,000. debit common stock $100; debit treasury stock $3,900; credit cash $4,000. debit treasury stock $3,900; debit paid-in capital, treasury stock $100; credit cash $4,000. debit treasury stock, common $4,000; credit cash $4,000.

Which type of data does your company collect from customers or potential customers? a. positioning datab. market share datac. primary datad. secondary data select the best answer from the choices provided

If a company’s employees are angry about their work, a visiting auditor may also become agitated, illustrating the power of

Chance company had two operating divisions, one manufacturing farm equipment and the other office supplies. both divisions are considered separate components as defined by generally accepted accounting principles. the farm equipment component had been unprofitable, and on september 1, 2018, the company adopted a plan to sell the assets of the division. the actual sale was completed on december 15, 2018, at a price of $600,000. the book value of the division’s assets was $1,000,000, resulting in a before-tax loss of $400,000 on the sale. the division incurred a before-tax operating loss from operations of $130,000 from the beginning of the year through december 15. the income tax rate is 40%. chance’s after-tax income from its continuing operations is $350,000. required: prepare an income statement for 2018 beginning with income from continuing operations. include appropriate eps disclosures assuming that 100,000 shares of common stock were outstanding throughout the year. (amounts to be deducted should be indicated with a minus sign. round eps answers to 2 decimal places.)