If an issuer sells bonds at a premium:
A. The carrying value of the bond stays constant over time.
B. The carrying value decreases from the issue price to the par value over the bond's term.
C. The carrying value increases from the par value to the issue price over the bond's term.
D. The carrying value increases from the issue price to the par value over the bond's term.
E. The carrying value decreases from the par value to the issue price over the bond's term.
Answer: B
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Which of the following is the reason why privacy breaches present major risks in this era of information system computing?
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Answer the following statement true (T) or false (F)
Tacoma Company had the following balances in its stockholders' equity accounts at December 31, 2018:Common Stock, $10 par, 100,000 shares authorized, 40,000 shares issued$400,000Contributed Additional Paid-in Capital Value, Common500,000Retained Earnings 1,000,000Treasury Stock, 2,000 shares (40,000)Total stockholders' equity$1,860,000 The following transactions occurred during 2019:February 3Sold and issued 6,000 shares of common stock for $22 per share.May 10Declared dividends in the amount of $22,000.October 12Sold 1,000 shares of the treasury stock for $20 per share.December 31Net income for the year was determined to be $150,000Required:Based on the above information, prepare a statement of stockholders' equity for 2019.
What will be an ideal response?