During the year, todd corporation issued 200 shares of $20 par value common stock for $50 a share. a total of 500 shares were authorized. in addition, the company purchased 75 shares of treasury stock at $44 a share. which of the following best presents the related lines in the stockholders’ equity section of the company’s balance sheet?

(a)
common stock, $20 par value, 500 shares authorized, 200 shares issued, 425 outstanding $8,500
paid in capital in excess of par - common 11,050
less: treasury stock, 75 shares @ $44 per share (3,300)
(b)
common stock, $20 par value, 500 shares authorized, 200 shares issued, 125 outstanding $4,000
paid in capital in excess of par - common 6,000
less: treasury stock, 75 shares @ $44 per share (3,300)
(c)
common stock, $50 market value, 500 shares authorized, 200 shares issued, 125 outstanding

Suppose that fizzo and pop hop are the only two firms that sell orange soda. the following payoff matrix shows the profit (in millions of dollars) each company will earn depending on whether or not it advertises: pop hopadvertise doesn’t advertisefizzo advertise 10, 10 18, 2doesn’t advertise 2, 18 11, 11for example, the upper right cell shows that if fizzo advertises and pop hop doesn't advertise, fizzo will make a profit of $18 million, and pop hop will make a profit of $2 million. assume this is a simultaneous game and that fizzo and pop hop are both profit-maximizing firms.if fizzo decides to advertise, it will earn a profit if pop hop advertises and a profit if pop hop does not advertise.if fizzo decides not to advertise, it will earn a profit if pop hop advertises and a profit if pop hop does not advertise.if pop hop advertises, fizzo makes a higher profit if it chooses (not to advertise, to .if pop hop doesn't advertise, fizzo makes a higher profit if it chooses (not to advertise, to . suppose that both firms start off not advertising. if the firms act independently, what strategies will they end up choosing? fizzo will choose to advertise and pop hop will choose not to advertise.both firms will choose to advertise.fizzo will choose not to advertise and pop hop will choose to advertise.both firms will choose not to advertise.again, suppose that both firms start off not advertising. if the firms decide to collude, what strategies will they end up choosing? fizzo will choose not to advertise and pop hop will choose to advertise.both firms will choose not to advertise.fizzo will choose to advertise and pop hop will choose not to advertise.both firms will choose to advertise.