Cash flows from investing activities would be decreased by which of the following?
a. Issuance of bonds
b. Issuance of common stock
c. Purchase of long-term investments
d. Payment of dividends
C
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The Vernon Corporation was formed on January 2, 2018. The company sold 20,000 shares of $8.00 par value stock for $20.00 per share. On July 1, 2018, Vernon bought back 4,000 shares of stock for $24.00 per share. The treasury stock was resold on September 1, 2018 for $32.00 per share.Which one of the following is the correct entry to record the resale of treasury stock?
A.
| DR Cash | 128,000 | ? |
| CR Treasury stock | ? | 96,000 |
| CR Retained earnings | ? | 32,000 |
B. DR Cash 128,000 CR Common stock 128,000
| DR Cash | 128,000 | ? |
| CR Common stock | ? | 128,000 |
C.
| DR Cash | 128,000 | ? |
| CR Treasury stock | ? | 96,000 |
| CR Paid-in capital from treasury stock | ? | 32,000 |
D.
| DR Cash | 128,000 | ? |
| CR Treasury stock | ? | 96,000 |
| CR Gain on sale of treasury stock | ? | 32,000 |
The niche marketing strategy used by Tom's of Maine, which used concentrated marketing, is in line with an individual marketing strategy
Indicate whether the statement is true or false
The interest rate that sets the present value of a project's cash inflows equal to the present value of the project's cost is called the ____
A) present value B) discount rate C) internal rate of return D) payback period E) company cost of capital
A corporation is a domestic corporation in the state in which it is incorporated
a. True b. False Indicate whether the statement is true or false