If a company purchases treasury stock for $6,000 and then reissues it for $5,000, the difference of $1,000 is

a. treated as a gain on the sale.
b. treated as a loss on the sale.
c. an increase in stockholders' equity.
d. a decrease in stockholders' equity.


d

Business

You might also like to view...

Before retiring at the end of 2008, Unilever Group Chief Executive Patrick Cescau wanted to reconnect the company with its heritage of sustainability and concern for the environment

This and other values reflect Unilever's philosophy of "doing well by doing good." Indicate whether the statement is true or false

Business

z is a standard normal random variable. The P (1.20 z 2.10) equals

A. 0.7618. B. 0.2382. C. 0.9028. D. 0.0972.

Business

Which of the following represents the relationship between pay ranges and pay grades?

A. The competitive pay level for each range becomes the midpoint of the pay grade for that range. B. Grades set the ceiling and floor on what the employer is willing to pay for the work; ranges refer to grouping of jobs. C. Pay ranges set an upper and lower limit between which all wages for all jobs in a particular grade are expected to fall. D. The midpoints for each pay grade usually correspond to the points where the pay policy line crosses each range. E. A pay grade is expressed as a percentage above the midpoint of the pay range.

Business

Constance, Daisy, Petunia, and Anna are four friends working at four different organizations. In Petunia's firm, Social Network Development, employees are both distant and disconnected from one another, whereas in Daisy's company, Solar Singularity, it is quite the opposite-employees are friendly, and they all think alike. Constance works for Credit Protection Services, where employees think alike but are not friendly to one another.Constance's firm, Credit Protection Services, can be described as having a ________ culture.

A. fragmented B. communal C. networked D. mercenary E. collective

Business