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daser333 [38]
2 years ago
8

True or false: No gain or loss is reported when treasury stock is reissued because GAAP does not consider transactions between a

corporation and its owners to be profit-making activities. True false question. True False
Business
1 answer:
trapecia [35]2 years ago
3 0

Answer:

true

Explanation:

GAAP does not allow gains or losses to be reported when a corporation reissues its treasury stock.

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Why is infrastructure a public good
Zepler [3.9K]

Answer:

This is because many goods and services have some or none of the characteristics that define public goods but may offer significant additional benefits beyond their private return  brainliest plz!

6 0
3 years ago
Students should consider ________________________ when choosing a career, and this includes reflecting on personal interests, ta
Oliga [24]

According to research studies, Students should consider <u>self-efficacy</u> when choosing a career, including reflecting on personal interests, talents, needs, and values.

<h3>What is Self-Efficacy?</h3>

Self-Efficacy is a psychological term used to describe individuals' ability to perform essential activities to achieve success in their given tasks or endeavor.

Before choosing a career, a student should also consider his capability to perform well in that choosing career. Otherwise, he might not enjoy the career or fail.

Hence, in this case, it is concluded that the correct answer is option A. Self-Efficacy

Learn more about choosing a career here: brainly.com/question/18432815

6 0
2 years ago
TB MC Qu. 04-99 K. Canopy, the proprietor of Canopy Services... K. Canopy, the proprietor of Canopy Services, withdrew $6,200 fr
Svetlanka [38]

Answer:

Debit K Canopy, Capital $6,200;

Credit K Canopy Withdrawals $6,200

Explanation:

With regards to the above, the entries to close the withdrawals account at the end of the year would be;

Debit K Canopy, Capital $6,200

Credit K Canopy Withdrawals $6,200

Capital is being debited because cash is being taken from the business, hence it will be debited, while withdrawal account would be credited since its receiving cash.

4 0
3 years ago
All of the following are assumptions of cost-volume-profit analysis except a.the sales mix is constant. b.costs can be divided i
Vikentia [17]

Answer:

d. within the relevant range of operating activity, the efficiency of operations can change.

Explanation:

Cost-volume-profit analysis is also known as the break even analysis, it is an important tool in predicting the volume of activity, the costs to be incurred, the sales to be made, and the profit to be earned is. It is used to determine how changes in differing levels of activities such as costs and volume affect a company's operating income and net income.

Generally, to use the cost-volume-profit analysis, financial experts usually make some assumptions and these are;

1. Sales price per unit product is kept constant.

2. Variable costs per unit product are kept constant and the total fixed costs of production are kept constant i.e costs can be divided into fixed and variable components.

3. All the units produced are sold i.e there is no change in inventory quantities during the period.

5. The costs accrued are as a result of change in business activities.

6. A company selling more than a product should simply sell in the same mix i.e the sales mix is constant.

<em>Hence, the aforementioned are assumptions of cost-volume-profit analysis except that, within the relevant range of operating activity, the efficiency of operations can change.</em>

6 0
3 years ago
Products, then producers make__
denpristay [2]
Mabye this will help you

5 0
4 years ago
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