100,000 shares of $10 par common stock for $1,200,000. A year later Lily acquired 16,000 shares of its own common stock at $30 per share. Three months later Lily sold 8,000 of these shares at $38 per share. If the cost method is used to record treasury stock transactions, to record the sale of the 8,000 treasury shares, Lily should credit:

Conner enterprises issued $120,000 of 10%, 5-year bonds with interest payable semi annually. determine the issue price of the bonds are priced to yield (a) 10%, (b) 8%, and (c) 12%. use financial calculator or excel to calculate answers. round answers to the nearest whole number.

Social computing forces companies to deal with customers as opposed to

Acorporation a. can use different depreciation methods for tax and financial reporting purposes b. must use the straight - line depreciation method for tax purposes and double declining depreciation method financial reporting purposes c. must use different depreciation method for tax purposes, but strictly mandated depreciation methods for financial reporting purposes d. can use straight- line depreciation method for tax purposes and macrs depreciation method financial reporting purposes