1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ehidna [41]
4 years ago
15

Bridgeport Company had the following stockholders’ equity as of January 1, 2017.Common stock, $5 par value, 18,400 shares issued

$92,000Paid-in capital in excess of par—common stock 295,000Retained earnings 313,000Total stockholders’ equity $700,000Bridgeport repurchased 1,900 shares of treasury stock at a price of $18 per share.Mar. 1 810 shares of treasury stock repurchased above were reissued at $16 per share. Mar. 18 470 shares of treasury stock repurchased above were reissued at $14 per share. Apr. 22 550 shares of treasury stock repurchased above were reissued at $19 per share.Required:a. Prepare the journal entries to record the treasury stock transactions in 2017, assuming Swifty uses the cost method.b. Prepare the stockholders’ equity section as of April 30, 2017. Net income for the first 4 months of 2017 was $140,400.
Business
1 answer:
harkovskaia [24]4 years ago
4 0

Answer:

b

Explanation:

You might be interested in
4 more brainllest to go anwner for a brainllest if u have allready enterd and gotten a brainllest dont answer again
Rudik [331]
Hi I don’t know what you are doing but I want a brainliest If it is possible
5 0
3 years ago
The North’s growing ______________________ supplied the troops with ______________________, ______________________, and other ne
kkurt [141]

pwriod ................nmintr2rr

Explanation:

3 0
3 years ago
Green et al.​ (2005) estimate that the demand elasticity is minus0.47 and the​ long-run supply elasticity is 12.0 for almonds. T
Ronch [10]

Answer:

The numeric response for the question using real numbers rounded to one decimal​ place is given as below.

Explanation:

Tax incidence for almonds is (12 / (12 + 0.47)) = 0.96

for cotton (0.73 / (0.73 + 0.68)) = 0.52 and

for processing tomatoes is (0.64 / (0.64 + 0.26)) = 0.71

5 0
3 years ago
Giselle has $10,000. She could put it in a CD earning 2% interest, a tech stock earning an 18% return this year, a mutual fund l
Arturiano [62]
The investment with the lowest volatility is the CD.

CD stands for Certificate of Deposit. It is a savings certificate that states that the bearer of the certificate is entitled to receive interest. A Certificate of Deposit reflects the amount invested, specified interest rate, and its maturity date.

In Giselle's case, her CD will reflect a $10,000 with an interest rate of 2% compounded annually and a maturity date that is either one month up to five years from the day of opening the CD account and depositing the cash.

Regardless of what happens in the stock market, Giselle is assured of earning 2% from her $10,000 investment. For example: her term is 1 year.
$10,000 * 2% * 360/360 = 200 is the interest she will earn for the year.

4 0
3 years ago
G dixon company produced 6,000 units of product that required 1.5 standard hours per unit. the standard fixed overhead cost per
sweet [91]
Given:
Actual Production 6,000 units @ 1.5 standard hours per unit.
Budgeted hours: 10,000 
Fixed overhead cost per unit is $0.50 per hour.

6000 units * 1.5 std. hrs/unit = 9,000 hours

Actual hours: 9,000 hours * $0.50 per hour = $4,500
Budgeted hours: 10,000 hours * $0.50 per hour = $5,000

Fixed Factory Overhead Volume Variance = $5,000 - $4,500 = $500 UNFAVORABLE. 

It is unfavorable because the production is inefficient. It is more favorable if the produced units are higher than 6,000 units and the actual hours of production are more than the budgeted hours of production. 
3 0
3 years ago
Other questions:
  • URGENT!
    15·1 answer
  • Q 5.7: Hale Company sells merchandise on account for $1,000 to Long Company with credit terms of 2/10, n/30. Long Company return
    14·1 answer
  • The rise of internet marketing has become particularly important in doing business in the b2b markets.
    11·1 answer
  • Who is the current public protector of s.a?
    6·1 answer
  • Corona Company is owned equally by Maria, her sister Carlita, her mother Gabriella, and her grandmother Olivia, each of whom hol
    8·1 answer
  • Based on a predicted level of production and sales of 12,000 units, a company anticipates reporting operating income of $28,000
    15·1 answer
  • Serengeti makes lightweight sunglasses with 100 percent UV protection for people who love to hunt, hike, and bike ride. Its plan
    10·1 answer
  • Ralph gives his daughter, Angela, stock (basis of $8,000; fair market value of $6,000). No gift tax results. If Angela subsequen
    6·1 answer
  • Kindly watch this video
    14·1 answer
  • The ________ approach states that the exchange rate is determined by the supply and demand for national currency stocks, as well
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!