Gannon company acquired 8,000 shares of its own common stock at $20 per share on february 5, 2012, and sold 4,000 of these shares at $27 per share on august 9, 2013.
the fair value of gannon's common stock was $24 per share at december 31, 2012, and $25 per share at december 31, 2013.

the cost method is used to record treasury stock transactions. what account(s) should gannon credit in 2013 to record the sale of 4,000 shares?
a. treasury stock for $108,000.
b. treasury stock for $80,000 and paid-in capital from treasury stock for $28,000.
c. treasury stock for $80,000 and retained earnings for $28,000.
d. treasury stock for $96,000 and retained earnings for $12,000.

x=3

step-by-step explanation:

this is really simple i saw that there was only one term (5x) and thought if that was 15 what would i have to multiply everything else to get it there? well if 5x became 15 then x would have to be 3 so plug the 3 in the x for the other equations and you get 15 for the other ones. so there you go. : )

answersituation analysis;

anyone below or above ambitious can tell you. so crowns mean brainliest. getting brainliest means your answer needs a good explanation and the person asking the question can understand your answer easily. so say there's a multiple choice question. you don't just want to say your answer is a, hope it . provide evidence and reasoning so that they know that that is the correct answer. a good explanation should have evidence, good reasoning, and your opinion on why you picked that. you don't want to look up their question on the internet and see if you can answer it. pick questions that you 100% know the answer to, so than that way you can provide a better explanation.

best of luck,

the divergent