Answer:
Here, selling price is $32 and the cost of treasury stock is $30, Hence selling price is higher than cost.
Following Journal Entries are to be passed:
(a) Treasury Stock (4,000 shares × $30) A/c Dr. $120,000
To Cash A/c $120,000
(b) Cash (900 Shares × Selling Price $32) A/c Dr. $28,800
To Treasury Stock (900 shares × Cost 30) $27,000
To Paid in Capital from Treasury Stock (Difference) $1,800
Answer:
So is ; There is much similarity between human actions and natural actions, there will always be a consistent response.
Explanation:
It could be said that in each of those questions that invite reasoning they have the same answer; that's the way it is forever ... When one undertakes a project like making or making a house, one has a clear objective to carry it out and that it remains firmly established for a long time or forever, of course if other external factors allow it.
Now, in processes as natural as in the growth of a river, it is expected that at any given time, whether due to winter, it will result in flooding, so we could say that any objective or subjective action always has a consequence.
Answer:
$6
Explanation:
depreciation rate per hour using the units-of-production method = (cost of asset - residual value) / estimated hours of operation
($80,000 - $5,000) / 12,500 = $6
A conflict of interest between the stockholders and managers of a firm is referred to as the agency problem (option c).
<h3>What is the agency problem?</h3>
The agency problem is a conflict of interest between the managers of the company and the principal (shareholders). The agency problem
occurs when the interest of the managers and the shareholders are not aligned.
For example, if the income of managers are tied to net income, it might motivate managers to undertake risky projects that might not maximise shareholders wealth. This would lead to agency problem.
To learn more about agency problem, please check: brainly.com/question/16834354
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