What amount should trigg report on its income statement

Assignment Help Accounting Basics
Reference no: EM132035417

Question - Trigg corporation purchased treasury stock in 2014 at a price of 22 per share and resold the treasury stock in 2015 at a price of 42 per share what amount should trigg report on its income statement of 2015?

Reference no: EM132035417

Questions Cloud

Element of the organization or the management of technology : What is more important: the management of the human element of the organization or the management of technology?
Executive summary portion of a business plan : What is the importance and some of the key elements of the executive summary portion of a business plan?
Key elements in a good business plan : What is the importance and some of the key elements in a good business plan?
List the possible controls on production and menu design : List the possible controls on production and menu design that you could put in place to improve profitability.
What amount should trigg report on its income statement : Trigg corporation purchased treasury stock in 2014 at a price of 22 per share, what amount should trigg report on its income statement of 2015
Internal and external stakeholders : Based on the American "constitution," which internal and external stakeholders, in the policy making process, possess "constitutional legitimacy"
Describes how people acquire information : describes how people acquire information according to the rational expectations hypothesis - how the development of microfoundations for the aggregate supply
Corporate social responsibility action plan : Explain how to develop a 90-day Corporate Social Responsibility action plan to take a Company lean and green?
Find the liability for product warranties at month-end : Camping Co. was organized to sell a single product that carries 45-day warranty against defects. Find the liability for product warranties at month-end

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the journal entry pakuna should make on march 17

pakuna corporation has issued and outstanding 100000 shares of its 1 par value common stock. this stock was issued at

  What is the pre-money valuation for the series

What is the pre-money valuation for the Series D funding round?

  Which of the folllowing is least likely to uncover fraud

which of the folllowing is least likely to uncover fraud?

  What is the minimum lump sum cash payment

What is the minimum lump sum cash payment you would be willing to take now in lieu of the ten-year annuity

  What is the importance of transfer pricing

What is the importance of transfer pricing and responsibility centers, how they are related, and why they are very important in the business environment

  The financial statements of the hershey company

Identify two accounts on Hershey's balance sheet that provide evidence that Hershey uses accrual accounting. In each case, identify the income statement account that would be affected by the adjustment process.

  Question 19 figure 4-1 foster company makes power tools the

question 19 figure 4-1. foster company makes power tools. the budgeted sales are 420000 budgeted variable costs are

  Explain the significance of the return on equity ratio who

explain the significance of the return on equity ratio. who what category or type of financial statement users would

  Define dismemberment coverage and vision care coverage

Your organization, located in Manitoba, will be enhancing the group benefits plan offered to employees in two months by adding accidental death.

  Physical inventory count

On December 31, 2014, goods in transit to customers, with terms FOB destination, amounted to $2,700 (expected delivery date January 10, 2015). Because the goods had been shipped, they were excluded from the physical inventory count.

  What is the total up-front cash payment

What is the total up-front cash payment? What is the total economic depreciation benefit for all 5 years? What is the Book Value at the end of year 5?

  Eckert company is involved in producing and selling

eckert company is involved in producing and selling high-end golf equipment. the company has recently been involved in

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd