Answer:
A decrease in the balance of retained earnings.
Explanation:
Treasury stock transactions might cause: A decrease in the balance of retained earnings.
Treasury stocks refer to a transaction of redemption of shares. which is when a company buys back its own shares. This transaction leads to a reduction in the number of shares reported in the balance sheet and also retained earnings.
<u>The logic is that the company would have to use its own retained earnings to buy back its own shares.</u>
<u>This explains why treasury stock is subtracted from shareholders equity of which retained earnings is part, in the balance sheet.</u>
Answer:
324,000 Applied Overhead Regular Widget
Explanation:
<u>Remember:</u> the overhead rate is calculated by distributing the overhead cost with a cost driver
675,000/300,000 = 2.25
deluxe 3 labor hours x 2.25 = 6.75 per unit
regular 2 labor hours x 2.25 = 4.50 per unit
Allocate Ovehead Regular widget
72,000 x 4.50 per unit = 324,000 Applied Overhead Regular Widget
Here are the factors that determine preference for a concert ticket from the most important to the less important
- Band that is playing (if you really like the band, you will potentially ignore the other factors)
- Date of the concert (to make sure that you have no important matters to attend)
- Price of the ticket (to know whether you really can afford the ticket)
- Friends that are going
Answer:
B. False
Explanation:
There was economic prosperity in the US economy.