Acorporation purchases 29000 shares of its own $20 par common stock for $35 per share, recording it at cost. what will be the effect on total stockholders’ equity?
a. decrease by $58.
b. increase by $1015000.
c. decrease by $1015000.
e. decrease by $435000.

c. Decrease by $1015000.

Explanation:

The trasury stock are recorded at cost.

Which means we record at their market value

29,000 shares x 35 market price = 1,015,000 total cost of the stock

TS 1,015,000 debit

 cash              1,015,000 credit

The TS are a contra-equity account. It decreasesthe equity.

The equity will decrease by 1,015,000

There are less share outstnding, the equity of the company is lower.

It will increase once it sale his stocks.

the most important factor in the

work process or industry is to retain the interest of the employee. and to

retain them, their salary or profit must be adjusted to the best value. unless

the employee does not do his job properly, employees must receive bonuses or

benefits to ensure them to stay in the company. it will actually make them stay

longer, make them feel important and reduce costs for hiring new employees.

explanation:

mark brainliest!

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.