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KatRina [158]
2 years ago
9

Treasury stock is:

Business
2 answers:
VashaNatasha [74]2 years ago
7 0

Answer:

a. Common stock acquired by the company in the open market & recorded as negative equity

Explanation:

A stock which is buy back from the market at market rate issued by the company. It reduces the total outstanding shares of the company. It is the difference of Number of share issued and Number of share outstanding. Its account is consider as contra equity account. So the correct option is a. Common stock acquired by the company in the open market & recorded as negative equity.

bekas [8.4K]2 years ago
4 0

Answer:

The correct answer is letter "A": Common stock acquired by the company in the open market & recorded as negative equity.

Explanation:

Treasury Stock is the legal stock of a corporation that it keeps for later use in its treasury. Usually, a firm buys its treasury stock on the open market. Treasury stock may also exist because not all of the outstanding shares were sold by the issuing company. Treasury stock is a counter-equity account reported in the balance sheet portion of the shareholder's equities.

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Green Cabinets is a custom cabinet builder. They recently completed a set of kitchen cabinets (Job Number 1478), as summarized b
Alinara [238K]

Answer:

a. $612

b. $2,480

Explanation:

a. Overhead is applied at a rate of $12 per direct labor hour.

Overhead applied would therefore be;

= 12 * total labor hours

= 12 * 51

= $612

b. Total Cost = Direct labor cost + Direct Material cost + Manufacturing overhead

= 978 + 890 + 612

= $2,480

5 0
3 years ago
In a recent year Sunland Company had net income of $360000, interest expense of $72000, and a times interest earned of 10. What
Otrada [13]

Answer:

$648,000

Explanation:

Given that;

Net income = $360,000

Interest expense = $72,000

Times interest earned = 10

Net Income + Interest expense + Tax expense ÷ Interest expense = Times interest earned.

($360,000 + $72,000 + Tax expense) /$72,000 = 10

Tax expense = $288,000

Therefore;

Sunderland's income before taxes for the year

= Net income + Tax expense

= $360,000 + $288,000

= $648,000

4 0
3 years ago
when my supervisor presents me with multiple situations to see if i know when to implement a certain skill, (s)he clearly does n
Anit [1.1K]

When my supervisor presents me with multiple situations to see if I know when to implement a certain skill, (s)he clearly does not trust me to know what I am doing. The above statement is false.

<h3>What does skill refer to?</h3>
  • A skill is a learned ability to perform an action with predictable results consistently and well within a certain window of time or energy, or both. Domain-general and domain-specific skills are two common categories of skills.
  • For instance, in the field of work, generic skills like time management, teamwork and leadership, self-motivation, and others are useful in all jobs, whereas domain-specific abilities are only applicable to a certain position.
  • To evaluate the amount of ability being displayed and applied, specific contextual triggers and scenarios are typically required.
  • When a skill represents a body of knowledge or a specific field of study, such as the art of war or the art of medicine, it is referred to as an art.

To learn more about skill with the given link

brainly.com/question/9648460

#SPJ4

Question:

When my supervisor presents me with multiple situations to see if I know when to implement a certain skill, (s)he clearly does not trust me to know what I am doing. State whether the statement is true or false.

4 0
1 year ago
Explain how a person can use technology wisely​
oksano4ka [1.4K]
Making money off of it
5 0
2 years ago
Household​ production, such as baking bread at​ home, is not included in GDP because it
Mariulka [41]

Answer:

The correct answer is option D.

Explanation:

GDP can be defined as a measure to calculate the economic growth of a nation. It includes the production of final goods and services in the geographical boundaries of a nation.

It does not include home production of goods and services, this is because such goods and services do not involve a market transaction. For instance, if a person is baking bread at home he/she is not being paid for it by anyone.

6 0
3 years ago
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