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3 years ago

Assume Alpha reacquires share of their own Common Stock to hold in the Treasury. They pay $ 30.00 per share.

Business

1 answer:

Olin [163]3 years ago

7 0

Answer:

d. none/decrease

Explanation:

There is no impact in Total Paid-in Capital account because if the shares are repurchased and keeped in Treasury stock the entry is as follows:

Treasury Stock - DEBIT

Cash - CREDIT

The Treasury account it's reported on the balance sheet statement under the stockholder's equity section as a contra- equity accounts that means that the balance of this account decreases the total value of this section.

If the company decides to retire the share of the market, then it's necessary to deduct it of Common Stock and Paid in Capital account and the Treasury account will have zero balance in the balance sheet.

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As of December 31, the Stanford company has the following information. Use this information to answer questions 1 to 3. Cash $5,

Veseljchak [2.6K]

Answer:

$10,500

Explanation:

Calculation for Stanford Company's Working Capital

Using this formula

Working capital =Current Assets- Current Liabilities

Where,

Current Assets = Cash + Accounts Receivable + Inventory + Prepaid Insurance

Current Assets = ($5,000 + $15,000 + $40,000 + $3,000) = $63,000

Current Liabilities = Accounts Payable + Notes Payable in 5 Months + Salary Payable

Current Liabilities = ($15,000 + $12,500 + $25,000) = $52,500

Let plug in the formula

Working capital =$63,000-$52,500

Working capital =$10,500

Therefore the Working Capital for Stanford Company will be $10,500

5 0

3 years ago

Suppose you are at a restaurant and your favorite dish costs $20. You are willing to pay up to $17 for your next favorite dish.

Andreyy89

Answer:

$17 gives 100 utils

So, $1 gives 100/17 utils

which implies that $20 gives (100/17)*20 = 117.65

So additional utils = $117.65 - $100 = $17.65

Hence, $17.65 is the additional utils

Explanation:

4 0

3 years ago

Read 2 more answers

Charged off as bad debt canceled by credit grantor. True or False

guajiro [1.7K]

Answer:

"Charge off" means that the credit grantor wrote your account off of their receivables as a loss, and it is closed to future charges. When an account displays a status of "charge off," it means the account is closed to future use, although the debt is still owed.

7 0

3 years ago

Striking apparels has launched its new stock of summer wear. it plans to target shoppers between the ages of twenty and thirty t

const2013 [10]

Answer:

The answer is marketing.

Explanation:

Marketing is commonly defined as efforts to buy, advertise, distribute, and sell a product or service.

It is clear from the description in the question that Daniel works in the department since he is responsible to market Striking Apparel’s new products based on the target shoppers through social media and email marketing efforts such as sending out promotional emails and messages.

3 0

3 years ago

If the interest rate rises, what will happen to overall employment levels in sectors affected by those interest rates?

weqwewe [10]

Answer:

c. employment levels will decrease

Explanation:

As interest rates move up, the cost of borrowing becomes more expensive. This means that demand for lower-yield bonds will drop, causing their price to drop.

5 0

2 years ago