Question cpa-0544baker co. issued 100,000 shares of common stock in the current year. on october 1, baker repurchased 20,000 shares of its common stock on the open market for $50.00 per share. at that date, the stock's par value was $1.00 and the average issue price was $40.00 per share. baker uses the cost method for treasury stock transactions. on december 1, baker reissued the stock for $60.00 per share. what amount should baker report as treasury stock gain at december 31? a. $0b . $200,000 c. $400,000 d. $980,000

Creation landscaping has 1,000 bonds outstanding that are selling for $1,280 each. the company also has 2,000 shares of preferred stock outstanding, currently priced at $27.20 a share. the common stock is priced at $37.00 a share and there are 28,000 shares outstanding. what is the weight of the debt as it relates to the firm's weighted average cost of capital?

A.j. was a newly hired attorney for idle time gaming, inc. even though he reported directly to the president of the company, a.j. noticed that the president always had time to converse with the director of sales, calling on him to get a pulse on legal/regulatory issues that, as the company attorney, a.j. could have probably handled. a.j. also noted that the hr manager’s administrative assistant was the go-to person for a number of things that would make life easier at work. a.j. was recognizing the culture at idle time gaming.

Penelope summers received certain income benefits in 2018. she received $1,400 of state unemployment insurance benefits, $2,000 from a federal unemployment trust fund and $3,700 workers’ compensation received for an occupational injury. what amount of the compensation must penelope include in her income