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docker41 [41]
3 years ago
5

7 thousand shares of treasury stock of Marker, Inc., previously acquired at $14 per share, are sold at $20 per share. The entry

to record this transaction will include a
Business
1 answer:
Firdavs [7]3 years ago
8 0

Based on the information given the entry to record this transaction will include a credit to  additional paid-in capital for $42,000.

Marker, Inc. Journal entry

Debit Cash $140,000

(7,000 shares×$20 per share)

Credit Treasury stock $98,000

(7,000 shares×$14 per share)

Credit Additional paid-in capital - treasury stock $42,000

[($20-$14)×7,000 shares]

(To record treasury stock)

Inconclusion the entry to record this transaction will include a credit to  additional paid-in capital for $42,000.

Learn more about treasury stock here:brainly.com/question/8054097

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Answer:

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Explanation:

a) Data and Calculations:

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Answer:

Explanation:

It wouldn't now, unless you are very wealthy. Interest rates are very low and you would have to go into the junk bond market to get any kind of decent return. But Junk Bonds are or can be very unstable and you get a high return for a very chancy situation.

I think I know what the question wants you to understand. You need something that will provide with income. You just don't want to deal with bonds. There are stocks around that pay dividends; they are very conservative and if they go down, that will be the least of your problems.

You can then devote your resources to capital gains or pure stocks: no interest payments, but the stock itself goes up. There is a whole different tax system for capital gains.

You should also get some gold or silver as insurance.

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The assumption that is necessary for a linear programming model to be appropriate and that ensures that the value of the objecti
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Answer:

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