Business, 18.03.2020 00:27 montgomeryaevans
On incorporation, Dee Inc. issued common stock at a price in excess of its par value. No other stock transactions occurred except treasury stock was acquired for an amount exceeding this issue price. If Dee uses the par value method of accounting for treasury stock appropriate for retired stock, what is the effect of the acquisition on the following?a. Net common stock: Decrease
Additional paid-in capital: No effect
Retained earnings: Decrease
b. Net common stock: Decrease
Additional paid-in capital: Decrease
Retained earnings: Decrease
c. Net common stock: No effect
Additional paid-in capital: Decrease
Retained earnings: Decrease
d. Net common stock: No effect
Additional paid-in capital: Decrease
Retained earnings: No effect
Answers: 3
Business, 22.06.2019 06:40
After the 2008 recession, the amount of reserves in the us banking system increased. because of federal reserve actions, required reserves increased from $44 billion to $60 billion. however, banks started holding more reserves than required. by january 2009, banks were holding $900 billion in excess reserves. the federal reserve started paying interest on the excess reserves that the banks held. what possible impact will these unused reserves have on the economy?
Answers: 1
Business, 22.06.2019 08:00
In addition to using the icons to adjust page margins, a user can also use
Answers: 1
Business, 22.06.2019 15:00
Ineed this asap miguel's boss asks him to distribute information to the entire staff about a mandatory meeting. in 1–2 sentences, describe what miguel should do.
Answers: 1
Business, 22.06.2019 19:00
In 1975, mcdonald’s introduced its egg mcmuffin breakfast sandwich, which remains popular and profitable today. this longevity illustrates the idea of:
Answers: 1
On incorporation, Dee Inc. issued common stock at a price in excess of its par value. No other stock...
Chemistry, 29.03.2021 22:30
Arts, 29.03.2021 22:30
Mathematics, 29.03.2021 22:30
Chemistry, 29.03.2021 22:30
Social Studies, 29.03.2021 22:30
Spanish, 29.03.2021 22:30
Physics, 29.03.2021 22:30