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kramer
3 years ago
8

Which of the following statements about Treasury Stock is correct? Multiple Choice The balance in the Treasury Stock account inc

reases paid-in capital. The balance in the Treasury Stock account reduces paid-in capital. The balance in the Treasury Stock account reduces total Stockholders' Equity. The balance in the Treasury Stock reduces Retained Earnings.
Business
1 answer:
DedPeter [7]3 years ago
8 0

Answer:

The balance in the Treasury Stock account reduces total Stockholders' Equity

Explanation:

Treasury stock also known as reacquiring stock refers to outstanding shares which were previously owned by a company which is then bought back by shareholders of that company. Treasury stock do not have much value but provide  means of  raising the price of share which in turn provides profits for investors.  

Treasury stock is normally recorded in the shareholders equity section of the balance sheet representing the number of repurchased shares from the open market, thereby reducing shareholder's equity by the amount paid for the stock

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The Miller family owns and operates an interior decorating business. Henry installs hardwood floors and chair rails; Chloe reuph
oksian1 [2.3K]

Answer:

A. specialization.

Explanation:

Specialization refers to dividing the job in different tasks and assigning a person to perform each one which makes that each person becomes an expert in the specific area. This could help to increase productivity, especially in manufacturing. This is the process the Miller family uses because they have divided the tasks and assigned each of them to a person.

4 0
3 years ago
A distributor of personal computers has five locations in a city. In the year's first quarter, the sales in units were: Location
iragen [17]

Answer:

It is observed  that the value of test statistics (19.168) is greater than the critical value (13.277), thus the rejected hypothesis, H₀ at α = 0.01.

There is enough evidence to conclude or deduce that sales were the same for all locations

Explanation:

Solution

Given that:

Object: Test whether the sales were the same for all locations by applying 1% significance level.

The Null Hypothesis H₀ : Sales were the same for all locations

E₁ =  70 +75 +70+ 50 + 35/5 = 60

The Alternative Hypothesis Hₐ : Sales were not the same for all locations

Now,

The decision rule:

the Level of Significance be α = 0.01

Degrees of freedom is df= Number of categories -1

=5-1 = 4

Note: Kindly find an attached copy of part of  the work solution of this given question

3 0
4 years ago
The career clusters were created by...
Arada [10]
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6 0
3 years ago
Brown field investment
Veronika [31]
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5 0
3 years ago
What is the name for the process of paying attention to important properties while ignoring nonessential details?
sweet [91]

Answer:

Abstraction

Explanation:

Abstraction can be defined as the doing way of some details that are not too necessary so that the main subject or features have maximum attention.

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