Bohemian Company has 500,000 shares of no par common stock with a stated value of $8 per share issued and outstanding as of January 1, originally issued for $14 per share. During 2018, Bohemian Company had the following transactions involving its own stock: On March 6, acquired 27,965 shares of treasury stock at a cost of $12 per share On April 18, resold 5,280 shares of treasury stock at $19 per share. On June 11, resold an additional 2,210 shares of treasury stock at $10 per share If Bohemian uses the cost method of accounting for treasury stock, what will be the balance in additional paid in capital from treasury stock as a result of these transactions?

$32540

Explanation:

The balance in additional paid in capital treasury stock as a result of the transactions is $32540.

The beginning balance was set at 0.

March 6 Acquisition in the treasury stock = 27965 shares × $12

In additional paid capital it is 0.

April 6 Reissued in treasury stock = 5280 shares × $12 while in additional paid capital = 5280 shares × $7 (19-12).

Please kindly see attachment to see the step by step working and the answer.

d, conspicuous consumption is when you try to increase your wealth or social status (and in the case he's trying to create the perception of wealth considering he can't really afford it)

answer; i do believe that the correct answer is ; ///are valued more highly than their cost;