already answered this question for you in a previous post.
Answer:
Date Particular Dr. Cr.
Jul-1 Treasury stock $6,210
Cash $6,210
Sep-1 Cash $4,840
Treasury stock $3,960
Paid-in capital - Treasury stock $880
Explanation:
Treasury stocks are the company's own shares which is repurchased by the company. It is recorded in treasury shares account which is an contra equity account. I can be reissued or cancelled by the company.
Purchase of Treasury Stock
Treasury Stock = 690 x $9 = $6,210
Sales of Treasury Stock
Cash Receipt = 440 x $11 = $3,300
Treasury Stock = 440 x $9 = $3,960
Paid-in capital - Treasury stock = 440 x $2 = $880
Answer:
The correct answer is True.
Explanation:
Non-systematic risk, also known as "diversifiable risk", encompasses the set of factors of a company or industry, and that affect only the profitability of its stock or bond. For this reason they cannot be diversified.
In other words, the non-systematic risk arises from the uncertainty surrounding a company due to the development of its business, either due to the company's own circumstances or those of the sector to which it belongs. Examples of these events can be bad business results, the signing of a large contract, worse than expected sales data, a new product of the competition, discovery of fraud within the company, a bad management of its managers, etc.
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Below are the choices that can be found form other sources:
A. $8,710
B. $8,056
C. $8,640
D. $8,678
E. <span>$8,299
</span>
The amount of money will he have at the end of five years is C $8,640
Answer:
True
Explanation:
Net present value is the present value of after tax cash flows less the amount invested.
If there is a deficiency of the present value of future cash inflows over the amount to be invested, it means the NPV is negative and the project proposal should be rejected.
