Business, 03.07.2020 17:01 heyysiirr3064
A company uses the cost method of accounting for treasury stock. On January 1, the company repurchases 1,000 shares of stock at $10 per share. On December 31, the company sells the repurchased shares back to its stockholders for $15 per share. The cash account is debited for the transaction.
Required:
What are the credits on 31dec?
Answers: 1
Business, 22.06.2019 06:40
After the 2008 recession, the amount of reserves in the us banking system increased. because of federal reserve actions, required reserves increased from $44 billion to $60 billion. however, banks started holding more reserves than required. by january 2009, banks were holding $900 billion in excess reserves. the federal reserve started paying interest on the excess reserves that the banks held. what possible impact will these unused reserves have on the economy?
Answers: 1
Business, 22.06.2019 17:00
Can someone me ? i’ll mark the best answer brainliest : )
Answers: 1
Business, 22.06.2019 20:20
Why is it easier for new entrants to get involved in radical innovations when compared to incumbent firms? a. unlike incumbent firms, new entrants do not have to face the high entry barriers, initially. b. new entrants are embedded in an innovation ecosystem, while incumbent firms are not. c. unlike incumbent firms, new entrants do not have formal organizational structures and processes. d. incumbent firms do not have the advantages of network effects that new entrants have.
Answers: 2
A company uses the cost method of accounting for treasury stock. On January 1, the company repurchas...
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