Murphy co. had 200,000 shares outstanding of $10 par common stock on march 30 of the current year. murphy reacquired 30,000 of those shares at a cost of $15 per share and recorded the transaction using the cost method on april 15. murphy reissued the 30,000 shares at $20 per share and recognized a $50,000 gain on its income statement on may 20. which of the following statements is correct?

(a) murphy’s comprehensive income for the current year is correctly stated.
(b) murphy’s net income for the current year is overstated.
(c) murphy’s net income for the current year is understated.
(d) murphy should have recognized a $50,000 loss on its income statement for the current year.

Panera bread is a chain of cafes serving sandwiches, soups, and freshly baked breads. the company began in 1981 with stores primarily located along the east coast of the united states. since then, the firm has expanded to over 1,300 locations throughout the united states and canada. the firm has strong earnings and has been designated by business week as a "significant growth company." panera bread executives are considering the idea of expanding globally by opening cafes in asia through a franchising strategy. which of the following, if true, supports the argument that panera bread should expand into asia through franchising? a: the panera bread menu changes rapidly, and each cafe's artisan bread bakers receive regular training on new recipes. b: panera bread executives want fast access to the asian market without a significant investment of capital. c: panera bread executives want to test the asian market with a short-term commitment that allows them to make quick profits. d: the panera bread mission is to make excellent bread available to customers around the world.

Costs of production that do not change when output changes.question 17 options: total revenuefixed incometotal costfixed cost

What is the equity method balance in the investment in lindman account at the end of 2018?