Answer:
b. decrease no effect
Explanation:
When the treasury stock is repurchased and at a premium. That is the price more than the par value, the excess is debited to the additional paid in capital account as this is the account used to fund the additional amount required to pay the differential.
Retained earnings on the other hand are unaffected by this transaction as long as the company has enough funds in the paid in capital account to complete the transaction.
Total paid in capital will decrease
Retained earnings will have no effect
Hope that helps.
Answer:
A spending plan is what you are going to buy and when. A budget is a set aside amount of money for a set time. Hope that helps.
<span>Which of the following terms is also known as the bottom line? Net </span>profit is known as the bottom line in many instances. Net profit is the the final sales dollars remaining after all expenses, interest, taxes, and dividends are subtracted from a company's total revenue.
Answer:
a. undue influence.
Explanation:
Undue influence -
It the case , when the person is capable to persuade some other person's decision because of the link between the two parties , is known as undue influence .
In most of the case , one of the party is in power with respect to the other party , which can be due to more education , elevated status , emotional connections .
And , due to this advantage , the more powerful person uses this advantage .
Hence , from the question , Mona may rescind the contract due to undue influence .
