Answer:
D. Corporate social responsibility
Explanation:
Corporate social responsibility are self regulating business activities that aims at contributing to societal goals. It helps the business to be socially accountable to its self, stakeholders and public. It involves engaging in volunteering or ethically oriented practices. The activities described in the question done by foodieZ are corporate social responsibilities.
Answer:
Stock price is $68.65
Explanation:
The following image shows the stock price:
Answer:
b. a debit to Paid-In Capital from Sale of Treasury Stock.
Explanation:
Treasury stock is the stock of equity purchased by the company itself, from open market. Basically it has a debit balance. And it is shown as a negative value from common equity in the balance sheet.
Now when there is sale of such treasury stock, this treasury stock will be credited, also in next entry common stock will be credited as it will increase automatically therefore in no circumstances Paid in capital will be debited from sale of treasury Stock.
Final Answer
b. a debit to Paid-In Capital from Sale of Treasury Stock.
