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insens350 [35]
2 years ago
12

A company resells 10,000 shares of treasury stock for $22 per share. The stock was purchased in a previous year for $18 per shar

e. By how much would net income be affected by the sale of this treasury stock?
Business
1 answer:
lys-0071 [83]2 years ago
5 0

Answer:

$0, income statement s not affected.

Explanation:

The purchase and resale of treasury stock does not affect the income statement. When a company's treasury stock is resold, additional paid-in capital increases (if the stock were sold at a price above cost) or decreases (if the stock were sold at a price below cost).

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Answer:

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3 years ago
which statement was true in the past but is not generally true today? A. the training and education costs for some jobs will pro
-BARSIC- [3]

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7 0
3 years ago
Small differences in growth rates can create large differences in income levels because of:
Bingel [31]

Answer:

Answer is option B, i.e. compounding.

Explanation:

Compounding can be understood as an ability of an organization to generate earnings from previous given income. This leads to small growth compared to the previous one and therefore, leads to large differences in income.    

6 0
3 years ago
A contract or ________ stipulates in writing all the client's requirements and gives all of the relevant information.
Scrat [10]

It should be noted that contract or event profile is usually stipulated in writing all the client's requirements and gives all of the relevant information.

An event profile can be regarded as set of event scripts, which helps to give description about an event.

This profile or contract do list out all the requirements that is needed by a company from the client in executing their services.

Therefore, contract or event profile serves  all the client's requirements and gives all of the relevant information.

Learn more about contract or event profile at:

brainly.com/question/24858866

7 0
2 years ago
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coldgirl [10]

Explanation:

Autonomy -

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Hence , from the options given in the question ,

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7 0
3 years ago
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