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Sholpan [36]
3 years ago
10

Gabriel Company views share buybacks as treasury stock. In its first treasury stock transaction, Gabriel purchased treasury stoc

k for more than the price at which the stock was originally issued. What is the effect of the purchase of the treasury stock on each of the following?
Total paid-in capital Retained earnings
a. decrease decrease
b. decrease no effect
c. no effect decrease
d. no effect no effect
Business
1 answer:
denis23 [38]3 years ago
5 0

Answer:

b. decrease no effect

Explanation:

When the treasury stock is repurchased and at a premium. That is the price more than the par value, the excess is debited to the additional paid in capital account as this is the account used to fund the additional amount required to pay the differential.

Retained earnings on the other hand are unaffected by this transaction as long as the company has enough funds in the paid in capital account to complete the transaction.

Total paid in capital will decrease

Retained earnings will have no effect

Hope that helps.

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Ray's Satellite Emporium wishes to determine the best order size for its best-selling satellite dish (model TS111). Ray has esti
xeze [42]

Answer:

By using the EOQ model, ray should order 22.8 units or 23 units each time

Explanation:

Solution

Recall that:

Ray annual estimated demand for this model is = 1,050 units

The cost of one unit carry is =$105

He estimated each order costs  to place = $26

Now,

The EOQ  model= (2*annual demand*ordering cost/holding cost per unit per year)^.5

Thus,

EOQ = (2*1050*26/105)^.5

EOQ = 22.8 units or 23 units

6 0
3 years ago
There is no nation involved in global trade that still maintains a fixed value of their currency relative to a key currency or g
kirza4 [7]

Answer:

a. true

Explanation:

  • Gold is a currency that is the free market system that will fluctuate tp the form of exchange and no country in international trade can maintain a fixed value of its currency relative to the key currency though they can trade gold in multiple ways and can participate in price movements.
6 0
3 years ago
As the President of a local trade company, Kristin is faced with leadership, ethical, and operational decisions on a daily basis
ivanzaharov [21]

Answer:

B. Information management

Explanation:

Information management refers to managing the sources of information that a company uses, and distributing the information received to the internal users. It involves identifying information needs, developing information services, and distributing and using that information.

3 0
3 years ago
Fabian was finding it difficult to acquire a credit card that would suit his needs. He checked his credit report to determine wh
shusha [124]

Answer:

D.

irregular and missed loan payments

Explanation:

Missing and missed loan payments cause one to have a poor credit score.  A credit score is a numerical representation of an individual or institution's debt worthiness. A high credit shows that the individual is a trusted borrower.

A high credit score comes about if one has a history is repaying his or her obligation promptly. The individual does not skip on their regular installments repayment. Lending institutions use borrowing history to predict how a borrower is likely to behave if credit is advanced to them. A high credit score shows that the borrower is unlikely to default to his repayment.

4 0
3 years ago
According to peterson, what was the catalyst for the formation of the first truly global trade network?
Snowcat [4.5K]

<u>According to peterson,</u><u> not the railroad </u><u>was the catalyst for the formation of the first truly </u><u>global trade network.</u>

Who started the galleon trade?

  • After Augustinian friar and navigator Andrés de Urdaneta evolved the tornaviaje, or go back direction, from the Philippines to Mexico, the Spanish mounted the Manila galleon alternate direction in 1565.
  • In that year, Urdaneta and Alonso de Arellano finished the primary a success spherical trip.

What element made the Philippines a middle for shipbuilding?

Indios have been a abundant supply of reasonably-priced exertions that might be abused. -Indians have been professional shipbuilders. -enough deliver of top-notch lumber.

Who constructed the primary deliver withinside the world?

  • Among the earliest deliver builders have been the Egyptians. Egyptian vases and graves include the earliest depictions of boats ever discovered.
  • These images, which date again at least 6000 years, depict long, slender boats.
  • They used paddles to row and have been mainly made from papyrus reeds.

Learn more about galleon trade

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7 0
2 years ago
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