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maria [59]
3 years ago
13

Dunavant Service Company views share repurchases as treasury stock. Dunavant purchased shares and then later sold the shares at

more than their acquisition price. What is the effect of the sale of the treasury stock on each of the following? Retained earnings - Paid-in capitala. increase - increaseb. increase - no effectc. no effect - no effectd. no effect - increase
Business
1 answer:
Alex3 years ago
4 0

Answer:

The correct answer is Retained earnings: no effect; Paid-in capital: increase

Explanation:

The nominal value of a share establishes a limit price and no company can issue its shares at a lower price, although already issued, the price of the shares is subject to the market price. When capitalization of a corporation is required, it must be defined whether the capital will be obtained from current shareholders or new shareholders. If it is one of the existing ones, there are two options: either the cash contribution is received or the system of delivering dividends payable through shares is used, in which case, it should be clarified whether the shares delivered are preferential or privileged.

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It is the beginning of the football season for the local college team. Martha redecorates the Coffee Collective with a theme tha
Mamont248 [21]

Answer:

Brand association

Explanation:

Brand equity refers to the value that a product receives from associating with a renowned brand. Brand association is one of the components of brand equity. Brand association refers to those images or symbols that customers identify with a brand.

Organizations try to instill positive image in the minds of customers through brand association. Here, Martha redecorates coffee collective with pictures of players and coaches as way to promote the team as audience will be be able to connect with the team through the images.

5 0
3 years ago
Academic book publishers hire​ editors, designers, and production and marketing managers who help prepare books for publication.
Montano1993 [528]

Answer:

The correct answer is option D.

Explanation:

Academic book publishers hire​ editors, designers, and production and marketing managers who help prepare books for publication.

These employees work on several books​ simultaneously so a change in quantity demanded of books published in a year.

Since the number of people employed is fixed and does not change with the quantity of output. The cost incurred on these workers will be fixed cost. So the salaries and benefits of people in these people will be included in fixed costs and total costs. But since it does not change with change in the output it will not be included in variable costs.

8 0
3 years ago
John Alex, a business owner, is considering opening a second location of his
4vir4ik [10]

Answer:667

Explanation: un have to added

3 0
3 years ago
Read 2 more answers
Which type of break can you insert if you want to force text to begin on the next page?
pav-90 [236]
Insert a page break.
4 0
3 years ago
michael was on the abc accounting firm's audit team for the rasmussen corporation audit. rasmussen's officers were so impressed
nirvana33 [79]

In order to preserve independence, Michael must "Remove himself from the engagement as he considers the offer." (Option B). It is to be noted that this is an internal control problem.

<h3>What is Independence in this case?</h3>

The absence of situations that jeopardize the internal audit activity's capacity to carry out internal audit tasks objectively is called Independence.

Practically, independence is achieved by ensuring that the internal audit activity has no management control for any of the organization's non-audit functions that are subject to internal audit assessments, and by distancing the internal audit activity's management from the functional oversight of the organization's senior management.

Learn more about internal control:
brainly.com/question/26398073
#SPJ1

Full Question:

Michael was on the ABC Accounting Firm's audit team for the Rasmussen Corporation audit. Rasmussen's officers were so impressed with Michael that they offered him a job as Director of Internal Audit at Rasmussen. What should Michael do in order to preserve independence?

A) Tell his superiors as soon as he has decided whether or not to accept the offer.

B) Remove himself from the engagement as he considers the offer.

C) Pray for divine guidance.

D) If he decides to reject the offer, remove himself permanently from the engagement.

6 0
2 years ago
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