Prior to June 30, a company has never had any treasury stock transactions. A company repurchased 100 shares of its common stock on June 30 for $40 per share. On July 20, it reissued 50 of these shares at $46 per share. On August 1, it reissued 20 of the shares at $38 per share. What is the balance in the Treasury Stock account on August 2?
A. $100.
B. $0.
C. $1,200.
D. $2,600.
E. $5,050.
Answer: C
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Spencer, who is a line manager, ensures that the machines used by his employees are regularly examined by inspectors to make sure the machines do not pose a hazard to his employees. His regular monitoring of these machines is part of the ______ responsibilities of line management.
A. legal considerations B. labor cost controls C. leadership and motivation D. safety and security of employees
If a training needs assessment is not done properly, all of the following can occur with the exception of:
A. Training may cover the wrong information B. We may determine that an issue is based on poor performance rather than lack of knowledge C. We may end up creating a program that is unnecessary D. The wrong employees may be asked to participate E. Employees may not be able to absorb the information
The verb tense is the form that tells when the action did or will occur
Indicate whether the statement is true or false
In preparing a company's statement of cash flows for the most recent year using the indirect method, the following information is available: Net income for the year was$72,000? Accounts payable increased by 38,000? Accounts receivable decreased by 65,000? Inventories decreased by 25,000? Cash dividends paid were 34,000? Depreciation expense was 60,000? Net cash provided by operating activities was:
A. $210,000. B. $260,000. C. $64,000. D. $111,000. E. $110,000.