Prior to February 28, a company has never had any treasury stock transactions. A company repurchased 100 shares of its common stock on April 30 for $40 per share. On June 20, it reissued 50 of these shares at $46 per share. On September 1, it reissued 20 of the shares at $38 per share. What is the balance in the Treasury Stock account on November 2

In the supply-and-demand schedule shown above, at the lowest price of $50, producers supply music players and consumers demand music players.

Asmartphone manufacturing company uses social media to achieve different business objectives. match each social media activity of the company to the objective it the company achieve.

Tri fecta, a partnership, had revenues of $369,000 in its first year of operations. the partnership has not collected on $45,000 of its sales and still owes $39,500 on $155,000 of merchandise it purchased. there was no inventory on hand at the end of the year. the partnership paid $27,000 in salaries. the partners invested $48,000 in the business and $23,000 was borrowed on a five-year note. the partnership paid $2,070 in interest that was the amount owed for the year and paid $9,500 for a two-year insurance policy on the first day of business. compute net income for the first year for tri fecta.