Crossroads mall had 100,000 outstanding shares of common stock. on june 16, 2018, crossroads repurchased 20,000 shares of its own stock at $30 per share on july 23, 2018, crossroads resold 10,000 shares at $28 per share. what net effect did the repurchase and the resell of common stock have on the accounting equation?
a. increase in assets and decrease in stockholders' equity.
b. decrease in assets and increase in stockholders' equity.
c. increase in assets and increase in stockholders' equity.
d. decrease in assets and decrease in stockholders' equity
Answers: 1
Business, 21.06.2019 14:30
The government often provides goods that are nonrivalrous and nonexclusive to overcome which market failure
Answers: 1
Business, 21.06.2019 22:30
An annuity that goes on indefinitely is called a perpetuity. the payments of a perpetuity constitute a/an series. the equation is: a stock with no maturity is an example of a perpetuity. quantitative problem: you own a security that provides an annual dividend of $170 forever. the security’s annual return is 9%. what is the present value of this security? round your answer to the nearest cent. $
Answers: 2
Business, 22.06.2019 02:50
Acompany set up a petty cash fund with $800. the disbursements are as follows: office supplies $300 shipping $50 postage $30 delivery expense $350 to create the fund, which account should be credited? a. postage b. cash at bank c. supplies d. petty cash
Answers: 2
Business, 22.06.2019 19:50
At the beginning of 2014, winston corporation issued 10% bonds with a face value of $2,000,000. these bonds mature in five years, and interest is paid semiannually on june 30 and december 31. the bonds were sold for $1,852,800 to yield 12%. winston uses a calendar-year reporting period. using the effective-interest method of amortization, what amount of interest expense should be reported for 2014? (round your answer to the nearest dollar.)
Answers: 2
Crossroads mall had 100,000 outstanding shares of common stock. on june 16, 2018, crossroads repurch...
Mathematics, 26.07.2019 00:30
Mathematics, 26.07.2019 00:30
Mathematics, 26.07.2019 00:30
Computers and Technology, 26.07.2019 00:30
Social Studies, 26.07.2019 00:30
History, 26.07.2019 00:30
Social Studies, 26.07.2019 00:30
Arts, 26.07.2019 00:30
Mathematics, 26.07.2019 00:30