Brooks flooring is a national supplier of all types of flooring. their biggest customer is jenkins construction company. on july 8, 2016, brooks flooring purchased 100 shares of jenkins stock. later that year, on november 14, 2016, brooks decided to sell 1,000 shares of brooks stock to investors. what is the difference between these two transactions involving stock?

Xinhong company is considering replacing one of its manufacturing machines. the machine has a book value of $39,000 and a remaining useful life of 5 years, at which time its salvage value will be zero. it has a current market value of $49,000. variable manufacturing costs are $33,300 per year for this machine. information on two alternative replacement machines follows. alternative a alternative b cost $ 115,000 $ 117,000 variable manufacturing costs per year 22,900 10,100 1. calculate the total change in net income if alternative a and b is adopted. 2. should xinhong keep or replace its manufacturing machine