What effect does this transaction have on revenue or

Reference no: EM13600588

A corporation reacquires 25,000 shares of its own $10 par common stock for $1,000,000, recording it at cost.

a. What effect does this transaction have on revenue or expense of the period?
b. What effect does it have on stockholders' equity?

Reference no: EM13600588

Questions Cloud

Job 218 was one of the many jobs started and completed : job 218 was one of the many jobs started and completed during the year. the job required 4000 in direct materials and

All sales are on credit 60 percent is collected during the : wilsons retail company is planning a cash budget for the next three months. estimated sales revenue is as follows

To prepare a cash budget the company must determine the : the sales budget for perrier inc. is as forecasted as follows month sales revenue may 120000 june 160000 july 180000

Of two corporations organized at approximately the same : of two corporations organized at approximately the same time and engaged in competing businesses one issued 150 par

What effect does this transaction have on revenue or : a corporation reacquires 25000 shares of its own 10 par common stock for 1000000 recording it at cost.a. what effect

What is the effect of the stock dividend on the : an owner of 1000 shares of simmons company common stock receives a stock dividend of 6 shares. a. what is the effect of

Identify at least two accounting errors that could occur : business start-ups for hi-tech - stars investments bulldiscuss how the financial crisis in 2008 impacted the stock

You own an automobile parts company and have been : you own an automobile parts company and have been approached by a leading car manufacturer to supply parts to the

You have started a business that has now been going for a : you have started a business that has now been going for a couple of years. due to the increased volume in sales you

Reviews

Write a Review

Required(*) Message

Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?

Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

Accounting problems

Accounting problems, Draw a detailed timeline incorporating the dividends, calculate the exact Payback Period b) the discounted Payback Period. the IRR, the NPV, the Profitability Index.

Theory of interest - term structure of interest rates

Term Structure of Interest Rates

Write a report on internal controls

Write a report on Internal Controls

Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

Liquidity and profitability

Distinguish between liquidity and profitability.

What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

Capm and venture capital

CAPM and Venture Capital

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!

Submit Assignment

User Account

All Pages