If a company purchases treasury stock for $10,000 and then reissues it for $3,000, the difference of $7,000 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

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Which sentence expresses numbers correctly?

A) ?Although some workers arrive at 7:00 a.m., many do not arrive until 7:45 a.m. B) ?The online order was received at eight a.m. in the morning. C) Your product was shipped at 4 o'clock this afternoon.

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A week ago, Manny wrecked a company car when another driver pulled out in front of him, and once he threw away about a hundred dollars' worth of perfectly good office supplies while clearing out an old storage cabinet. Yet his supervisors have not held either action against him. Why is this most likely the case?

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