Juanita bought a chain of video rental stores in the late 1990s and business was very strong for a couple of years. The number of video rentals was increasing yearly and she was very confident that the increase would continue indefinitely. However, she did not foresee the rise of video-on-demand and consequently her business has been in a slow decline for the past several years. Juanita's assumption that the upward trend in video rentals would continue could be referred to as a

Morris borrowed $9,000 from a credit union at 13% simple interest for 42 months. what were his money installment payments?

P11.2a (lo 2, 4) fechter corporation had the following stockholders’ equity accounts on january 1, 2020: common stock ($5 par) $500,000, paid-in capital in excess of par—common stock $200,000, and retained earnings $100,000. in 2020, the company had the following treasury stock transactions. journalize and post treasury stock transactions, and prepare stockholders’ equity section. mar. 1 purchased 5,000 shares at $8 per share. june 1 sold 1,000 shares at $12 per share. sept. 1 sold 2,000 shares at $10 per share. dec. 1 sold 1,000 shares at $7 per share. fechter corporation uses the cost method of accounting for treasury stock. in 2020, the company reported net income of $30,000. instructions a. journalize the treasury stock transactions, and prepare the closing entry at december 31, 2020, for net income. b. open accounts for (1) paid-in capital from treasury stock, (2) treasury stock, and (3) retained earnings. (post to t-accounts.) c. prepare the stockholders’ equity section for fechter corporation at december 31, 2020.

Based on what you learned about time management which of these statements are true