The corporate charter of Llama Co. authorized the issuance of 28 million, $1 par common shares. During 2021, its first year of operations, Llama had the following transactions: January 1 sold 3 million shares at $33 per share
June 3 purchased 20 million shares of treasury stock at $36 per share
December 28 sold the 4 million shares of treasury stock at $38 per share
What amount should Llama report as additional paid-in capital in its December 31, 2021, balance sheet?
a. $62 million
b. $110 million
c. $104 million

Which economic indicators are used to measure the global economy? check all that apply. a. purchasing power parity b. trade volumes c. spending power parity d. labor market data e. gross domestic product f. trade deficits and surpluses

What are six resources for you decide which type of business to start and how to start it?

On january 2, well co. purchased 10% of rea, inc.’s outstanding common shares for $400,000, which equaled the carrying amount and the fair value of the interest purchased in rea’s net assets. well did not elect the fair value option. because well is the largest single shareholder in rea, and well’s officers are a majority on rea’s board of directors, well exercises significant influence over rea. rea reported net income of $500,000 for the year and paid dividends of $150,000. in its december 31 balance sheet, what amount should well report as investment in rea?