On october 10, the stockholders' equity of sherman systems appears as follows:

common stock-$10 par value, 72,000 shares authorized, issued, and outstanding $720,000
paid-in capital in excess of par value, common stock 216,000
retained earnings 864,000
total stockholders' equity $1,800,000
1. prepare journal entries to record the following transactions for sherman systems.
a. purchased 5,000 shares of its own common stock at $25 per share on october 11.
b. sold 1,000 treasury shares on november 1 for $31 cash per share.
c. sold all remaining treasury shares on november 25 for $20 cash per share.
2. explain how the company's equity section changes after the october 11 treasury stock purchase, and prepare the revised equity section of its balance sheet at that date.

The owners of spokes bicycle shop worry that cash flow this winter may be insufficient to meet the current operating expenses. while they anticipate a surplus of cash inflow as warm weather approaches, they need funds now to meet the company's immediate obligations. the owners can best resolve cash flow concerns by obtaining financing.

What are the positive environmental trends seen today? many industries are taking measures to reduce the use( _gold,carbon dioxide,ozone_) of -depleting substances and are turning to(_scarce,renewable,non-recyclable_) energy sources though they may seem expensive. choose one of those 3 option to fill the

Suppose there are three types of consumers who attend concerts at your university’s performing arts center: students, staff, and faculty. each of these groups has a different willingness to pay for tickets; within each group, willingness to pay is identical. there is a fixed cost of $1,000 to put on a concert, but there are essentially no variable costs. for each concert: i. there are 140 students willing to pay $20. (ii) there are 200 staff members willing to pay $35. (iii) there are 100 faculty members willing to pay $50. a) if the performing arts center can charge only one price, what price should it charge? what are profits at this price? b) if the performing arts center can price discriminate and charge two prices, one for students and another for faculty/staff, what are its profits? c) if the performing arts center can perfectly price discriminate and charge students, staff, and faculty three separate prices, what are its profits?