49-A corporation issues 5,000 shares of $2 par value common stock for cash of $5 per share. The journal entry to record the transaction would include: a. A debit to Retained Earnings for $15,000.

b. A credit to Gain on Issue of Common Stock for $15,000.

c. A debit to Cash for $25,000

d. A credit to Common Stock for $25,000

e. Both c and d.

Afirm produces a product in a competitive industry and has a total cost function (tc) of tc(q) = 60 + 10q + 2q2 and a marginal cost function (mc) of mc(q) = 10 + 4q. at the given market price (p) of $20, the firm is producing 5.00 units of output. is the firm maximizing profit? no what quantity of output should the firm produce in the long run? the firm should produce unit s) of output. (enter your response as an integer.)

Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning econ

The 39 percent and 38 percent tax rates both represent what is called a tax "bubble." suppose the government wanted to lower the upper threshold of the 39 percent marginal tax bracket from $335,000 to $208,000. what would the new 39 percent bubble rate have to be? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places,e.g., 32.16.)