# A corporation originally issued \$13 par value common stock for \$15 per share. Which of the following is included in the entry to record the purchase of 300 shares of treasury stock for \$11 per share? A. Treasury Stock-Common is debited for \$3,300. B. Treasury Stock-Cormmon is debited for \$1,650. C. Retained Earnings is debited for \$1,660. D. Treasury Stock-Common is oodied for \$46.

A. Treasury Stock-Common is debited for \$3,300.

Explanation:

Cost of the treasury stock purchased = 300 shares of treasury stock * \$11  per share

Cost of the treasury stock purchased = \$3,300

## Related Questions

Harris Company had checks outstanding totaling \$15,400 on its May bank reconciliation. In June, Harris Company issued checks totaling \$64,900. The June bank statement shows that \$37,600 in checks cleared the bank in June. A check from one of Harris Company's customers in the amount of \$300 was also returned marked "NSF." The amount of outstanding checks on Harris Company's June bank reconciliation should be ____.

\$42,700

Explanation:

The presentation of bank reconciliation is shown below:-

Check outstanding in June beginning     \$15,400

Total check to be cleared                          \$80,300

Less: Check cleared                                     \$37,600

The Outstanding amount of checks issued \$42,700

Matt and Claire go into an interview for the same position and they get asked very different questions depending on how the interview is going. This type of interview is called:_____.

Matt and Claire go into an interview for the same position.This type of interview is called Unstructured interview.

### What is the term Unstructured Interview about?

Unstructured interview is defined as one in which the questions asked are not prearranged. Rather they are spontaneous and questions to be asked are formulated during the course of the interview.

On the other structured interview is when questions are prearranged and candidates are asked the same questions.

brainly.com/question/12208322

Unstructured interview

Explanation:

Unstructured interview is defined as one in which the questions asked are not prearranged. Rather they are spontaneous and questions to be asked are formulated during the course of the interview.

On the other structured interview is when questions are prearranged and candidates are asked the same questions.

So when Matt and Claire go into an interview for the same position and they get asked very different questions depending on how the interview is going, they are answering unstructured interview questions.

Loki, Inc. and​ Thor, Inc. have entered into a​ stock-swap merger agreement whereby Loki will pay a 39% premium over​ Thor's pre-merger price. If​ Thor's pre-merger price per share was \$42 and​ Loki's was \$51​, what exchange ratio will Loki need to​ offer?

Explanation:

Thor's share price = \$42

The compensation to shareholders will be:

= \$42 + (\$42 × 0.39)

= \$42 + \$16.38

= \$58.38

Loki's share price = \$51

We then calculate the exchange ratio which will be:

= \$58.38 / \$51

= 1.15

Loki will need to offer an exchange rate of 1.15.

This year, Barney and Betty sold their home (sales price \$750,000; cost \$200,000). All closing costs were paid by the buyer. Barney and Betty owned and lived in their home for 18 months. Assuming no unusual or hardship circumstances apply, how much of the gain is included in gross income

Explanation:

From the question, we are informed that Barney and Betty sold their home (sales price \$750,000; cost \$200,000) and that all the closing costs were paid by the buyer.

Since no unusual or hardship circumstances apply and all the closing stocks were paid by the buyer, the amount of the gain that will be included in gross income will be:

= \$750,000 - \$200,000

= \$550,000

Expectations of lower prices in the near future may cause some producers to do what?a. Increase the quantity supplied of the good nowb. Increase the supply of the good nowc. Decrease the supply of the good nowd. Decrease the quantity supplied of the good now

b. Increase the supply of the good now

Explanation:

Price expectations are one of the determinants of the supply curve. Changes in expectations will make the curve move right or left depending on whether future prices are expected to be lower or higher.

If prices are expected to be lower in the future, that will generate the supply curve to shift right, increasing the quantity supplied. This has to do with producers seeking  to sell their goods at the highest price possible. If prices in the present are higher than what they would be in the future then they would want to sell more now than later.

1. In a Year 20,367 20,017

2. In a Year 21,333 21,917

3. In the case of NPW analysis Selected Target is best option because it is the better and cheaper investment while EUAM analysis states Walmart kit is better option,

4.Target is the best option because the cost difference is only around \$600 which will last for 6 Years while in walmart case we will need to replace all the furniture in 3 Years .

Explanation:

1. Using NPW Analysis

Walmart Kit Target

Intial Cost 40000 65000

AMC 10000 12000

Salvage Value 12000 25000

Life Years 3 6

Total Cost

Intial Cost 40000 65000

Less Salvage 12000 25000

Balance 28000 40000

5% Interest 6000 19500

AMC PV 2.71 5.05

Amc 27100 60600

Total Cost 61100 120100

In a Year 20,367 20,017

2. Using EUAW Analysis

Walmart Kit

Target

Intial Cost 40000 65000

AMC 10000 12000

Salvage Value 12000 25000

Life Years 3 6

Total Cost

Intial Cost 40000 65000

Less Salvage 12000 25000

Balance 28000 40000

5% Interest 6000 19500

AMC 30000 72000

Total 64000 131500

In a Year 21,333 21,917

In the case of NPW analysis Selected Target is best option because it is the better and cheaper investment while EUAM analysis states Walmart kit is better option,

Target is the best option because the cost difference is only around \$600 which will last for 6 Years while in walmart case we will need to replace all the furniture in 3 Years .

Hence Target product will be the best option we would advice the management to go for.

To determine which kitchen kit to choose, you can use NPW (Net Present Worth) analysis and EUAW (Equivalent Uniform Annual Worth) analysis. In NPW analysis, calculate the present worth of each option by subtracting the present value of the annual maintenance cost from the sum of the present value of the salvage value and the present value of the first cost. In EUAW analysis, divide the NPW by the present worth factor to calculate the equivalent uniform annual worth. You can extend the analysis to show the EUAW for an extended life of the products. Present the information ethically and transparently, addressing your bias towards the Target kit and presenting the analysis results objectively.

### Explanation:

a. In order to determine which kitchen kit to choose using NPW analysis, we need to calculate the present worth of each option. The present worth is calculated by subtracting the present value of the annual maintenance cost from the sum of the present value of the salvage value and the present value of the first cost. You can use the formula: NPW = (-FC + PV(SV) + PV(AMC)) / (1 + i)^n, where FC is the first cost, PV(SV) is the present value of the salvage value, PV(AMC) is the present value of the annual maintenance cost, i is the interest rate, and n is the number of years.

b. To determine which kitchen kit to choose using EUAW analysis, we need to calculate the equivalent uniform annual worth of each option. The EUAW is calculated by dividing the NPW by the present worth factor. You can use the formula: EUAW = NPW / Present Worth Factor, where NPW is the net present worth, and the Present Worth Factor is calculated using the formula: Present Worth Factor = (1 - (1 + i)^-n) / i.

c. To show that the Target option is the better choice, you can extend the analysis from part b and calculate the EUAW for an extended life of the products. Simply substitute the new number of years into the formula and compare the EUAWs of the two options.

d. Since you have a bias towards the Target kit, it is important to present the information ethically and transparently. You can start by explaining your bias and personal preference, and then present the analysis results objectively, showcasing the financial aspects and consequences of each option. It is crucial to provide all the necessary information and allow management to make an informed decision based on the facts presented.