subject
Business, 12.08.2021 17:10 ghari112345

Crossroads Mall had 100,000 outstanding shares of common stock. On June 16, 2021, Crossroads bought back 20,000 shares of its own stock at $30 per share. On July 23, 2021, Crossroads resold 10,000 shares at $28 per share. What was the net effect on the accounting equation as a result of the two treasury stock transactions? 0 A) Decrease in assets and decrease in stockholders' equity. 0 B) Increase in assets and increase in stockholders' equity. 0 C) Decrease in assets and increase in stockholders' equity. 0 D) Increase in assets and decrease in stockholders' equity.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 07:30
Read the following scenario and answer the question in 5-10 sentences. you are the owner of a small business that is a defendant in a lawsuit in federal court. you received bad news from your lawyer that the judge did not allow certain documents to be admitted as evidence in court and that the jury reached a $50,000 verdict in favor of the plaintiff. your lawyer tells you that it is within your legal right to hire him to file an appeal with the united states court of appeals. if the appellate court rules in your favor, you may be able to avoid paying part or all of the $50,000. evaluate your lawyer’s suggestion about appealing the decision.
Answers: 1
question
Business, 22.06.2019 09:00
According to this excerpt, a key part of our national security strategy is
Answers: 2
question
Business, 22.06.2019 17:50
Variable rate cd’s = $90 treasury bills = $150 discount loans = $20 treasury notes = $100 fixed rate cds = $160 money market deposit accts. = $140 savings deposits = $90 fed funds borrowing = $40 variable rate mortgage loans $140 demand deposits = $40 primary reserves = $50 fixed rate loans = $210 fed funds lending = $50 equity capital = $120 a. develop a balance sheet from the above data. be sure to divide your balance sheet into rate-sensitive assets and liabilities as we did in class and in the examples. b. perform a standard gap analysis and a duration analysis using the above data if you have a 1.15% decrease in interest rates and an average duration of assets of 5.4 years and an average duration of liabilities of 3.8 years. c. indicate if this bank will remain solvent after the valuation changes. if so, indicate the new level of equity capital after the valuation changes. if not, indicate the amount of the shortage in equity capital.
Answers: 3
question
Business, 22.06.2019 19:30
Fly-by products, inc. operates primarily in the united states and has several segments. for the following segment, determine whether it is a cost center, profit center, or investment center: international operations- acts as an independent segment responsible for all facets of the business outside of the united states. select one: a. cost center b. profit center c. investment center
Answers: 2
You know the right answer?
Crossroads Mall had 100,000 outstanding shares of common stock. On June 16, 2021, Crossroads bought...
Questions
question
Mathematics, 30.05.2020 01:59
question
Mathematics, 30.05.2020 01:59
question
Mathematics, 30.05.2020 01:59
question
Mathematics, 30.05.2020 01:59
question
Mathematics, 30.05.2020 01:59
question
Mathematics, 30.05.2020 01:59
Questions on the website: 13722361