Treasury stock that was purchased for $2,500 is sold for $3,000. As a result of these two transactions combined, a.stockholders' equity will not change, because the amount of authorized stock has not changed. b.stockholders' equity will be increased by $500. c.income will be increased by $500. d.stockholders' equity will be increased by $3,000.

Answers

Answer 1
Answer:

Answer:

Correct option is (b)

Explanation:

Treasury stock refers to the stock that is bought back by the organization to reduce the number of shares held by investors.

Purchase of treasury stock will not increase or decrease stockholder's equity, but if treasury stock is sold and gain is realized in the transaction, then such income will increase stockholder's equity by that amount.

here, treasury stock was purchased for $2,500 and sold for $3,000. Resultant income of $500 (3,000 - 2,500) will increase stockholder's equity by $500.


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Nathalie tends to overspend when she shops for clothes. Right now, she is saving money to take a cruise. Before she has saved enough money for the cruise, she should avoid _____.

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Answers

There is a violation of antitrust laws that happens that unreasonably restricts competition and functions against the public interest. This is just one of the three parameters that apply to a business and how they may violate antitrust laws. An Antitrust law is a state and federal recognized law that is in place so that there can be adequate business competition.

What is trading account?

Answers

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The company that Layton owns, the Music Box, is a family-owned company that has been in business for more than 100 years. Layton wants to give back to the people of the community to acknowledge their role in the store's success. He decides to donate a significant portion of the store's profits to a charity every year. Layton's decision is an example of __________ in action.

Answers

Answer:

The correct answer is: not economic responsibility

Explanation:

Corporate social responsibility (CSR), also called corporate social responsibility (CSR) or socially responsible investment, is defined as the active and voluntary contribution to social, economic and environmental improvement by companies, generally with the aim of improving their situation Competitive, valued and its added value. The organization's overall performance evaluation system in these areas is known as the triple result.

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Joseph is consuming three units of pizza and two units of soda. The price of pizza is $5 and the price of soda is $1. If he is consuming the optimal consumption bundle and his marginal utility of the third unit of pizza is 50, his marginal utility of the second soda is:A. 50.
B. 5.C. impossible to determine unless you know Joseph's income.
D. 10.

Answers

Answer:

D) 10

Explanation:

Joseph is consuming pizzas at $5 per slice and sodas as $1 per soda.

If the marginal utility of the third slice is 50, then the utils per dollar = 50 / $5 = 10 utils per dollar.

Since the soda costs $1, and it provides the same utils per dollar as the pizza, then the marginal utility = $1 x 10 utils per dollar = 10 utils

Nadine just turned 21 years old and will begin her junior year of college in the fall. Money that she is saving for which of these purposes is not good to put in a certificate of deposit?

Answers

Based on my research here are the choices given:
  A. A trip during spring break of her senior year
   B. Gas for her car
   C. Tuition for a master's degree program
   D. Books for her senior thesis

- The answer would be B. Gas for her car.

Answer:

This is an incomplete question as it has shown us the choices. So, the complete question is as follow:

Nadine just turned 21 years old and will begin her junior year of college in the fall. Money that she is saving for which of these purposes is not good to put in a certificate of deposit?

  A. trip during spring break of her senior year

  B. Gas for her car

  C. Tuition for a master's degree program

  D. Books for her senior thesis

Answer:

The correct answer is B (Gas for her car)

Explanation:

Nadine is going to start her junior year of college in the fall so the money she is saving is not good to put in certificate of deposit for the purpose of gas for her car. Because gas is daily commodity so she will have to require money for gas frequently. The money for all other things like trip during spring break of her senior year, tuition fee for a master's degree program and books for her senior year will require at least 12 months.

a common rule is that housing expenses plus other debt payments should not be more than 36% of your monthly income. Your monthly income is $4,300

Answers

36% of monthly income is $1548. (0.36*1548)
So the "housing expenses plus other debt payments" should not be more than $1548.