Answer: $240,000
Explanation:
400,000÷20,000 = $20 per share (repurchase price)
160,000 ÷ 10,000 = $16 per share (sales price)
$400,000 - $160,000 = $240,000
The treasury stock account is created upon the repurchase of a company's own stock. The treasury stock account is debited for cost of repurchase and then credited.back when the stocks are resold. However, after repurchasing 20,000 stock for 400,000 and selling hlaf the repurchased stock (10,000) for $160,000, then the repurchase price is greater than the sales price. There will be no paid in capital, with the entire amount credited to treasury stock.
Answer:
The real GDP is $400
Explanation:
The real GDP is the nominal GDP adjusted by inflation. Since the price index is 120 vs 100 from the base year , we have a 20% of inflation , then the real GDP will be = $480/1,20 = $400
Answer:
Economics is different from other social sciences because it gives special emphasis to the study of ______; it is similar to other social sciences because they are all concerned with the study of _______.
the answers are opportunity cost; choices
Explanation:
The major emphasis of economics is how people choose among the alternatives available to them. Economics studies the concept of opportunity cost (i.e) the wants left unsatisfied in other to satisfy more pressing needs. Since the study of economics arises as a result of scarcity, the act of choosing important want to be satisfied and leaving less the less important ones unsatisfied is an important aspect that economics studies
However, It is similar to other social sciences because it involves people and their behavior. (i.e people and their choices) subjects such as political science, sociology, psychology etc. all studies human behavior and how human reacts to what they are faced with daily.
Answer:
C. stock indexes are unbiased and perfect indicators of market activity.
Explanation:
Stock indexes are a tool that is used to track a group of assets using standardised criteria.
Usually indexes monitors a group of securities. Indexes can be broad based or specialised.
Indexes are statistically derived benchmarks that securities are measured against. They are however not unbiased and perfect indicators of market activity.
This is because investor behaviour cannot be guaged statistically.
However indexes replicate the market activity in a certain segment of the stock market, serve as a benchmark to evaluate investment manager performance, and are based on criteria that define the market segment of interest.
Answer:
a. decrease by $58,800 per month
Explanation:
The computation is shown below;
<u>
Particulars Amount </u>
Contribution from product X $94,800 ($28 - $22) × 15,800 units
Less: Fixed cost -$108,000
Net loss avoided -$13,200
Non-avoidable fixed cost $72,000
The Total cost in case the product fall $58,800
Hence, the correct option is a.
