Business, 13.12.2019 01:31 slavenkaitlynn
Knight corp. holds 20,000 shares of its $10 par value common stock as treasury stock reacquired in year 1 for $240,000. on december 12, year 3, knight reissued all 20,000 shares for $380,000. under the cost method of accounting for treasury stock, the reissuance resulted in a credit to:
a) common stock of $200,000.
b) retained earnings of $140,000.
c) gain on sale of investments of $140,000.
d) additional paid-in capital of $140,000
Answers: 1
Business, 22.06.2019 07:30
When the national economy goes from bad to better, market research shows changes in the sales at various types of restaurants. projected 2011 sales at quick-service restaurants are $164.8 billion, which was 3% better than in 2010. projected 2011 sales at full-service restaurants are $184.2 billion, which was 1.2% better than in 2010. how will the dollar growth in quick-service restaurants sales compared to the dollar growth for full-service places?
Answers: 2
Business, 22.06.2019 17:20
“strategy, plans, and budgets are unrelated to one another.” do you agree? explain. explain how the manager’s choice of the type of responsibility center (cost, revenue, profit, or investment) affects the behavior of other employees.
Answers: 3
Business, 22.06.2019 20:00
Because this market is a monopolistically competitive market, you can tell that it is in long-run equilibrium by the fact thatmr=mc at the optimal quantity for each firm. furthermore, a monopolistically competitive firm's average total cost in long-run equilibrium isless than the minimum average total cost. true or false: this indicates that there is a markup on marginal cost in the market for engines. true false monopolistic competition may also be socially inefficient because there are too many or too few firms in the market. the presence of the externality implies that there is too little entry of new firms in the market.
Answers: 3
Knight corp. holds 20,000 shares of its $10 par value common stock as treasury stock reacquired in y...
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