Q 15.33: In 2014, Prosser Incorporated conducted its initial public stock offering, selling 100,000 shares of $10 par common stock for $22 each. Later, in 2019, Prosser purchased 10,000 of these shares for $34 per share and opted to hold them as treasury stock. Then, on June 15, 2020, Prosser exchanged these 10,000 shares for a piece of property with an assessed value of $300,000. As of June 15, 2020, Prosser’s stock is actively traded and has a market price of $38 per share. Assuming Prosser uses the cost method to account for treasury stock, what amount of paid-in capital from treasury stock transactions would result from the events described above?

Rate of return douglas keel, a financial analyst for orange industries, wishes to estimate the rate of return for two similar-risk investments, x and y. douglas's research indicates that the immediate past returns will serve as reasonable estimates of future returns. a year earlier, investment x had a market value of $27 comma 000; and investment y had a market value of $46 comma 000. during the year, investment x generated cash flow of $2 comma 025 and investment y generated cash flow of $ 6 comma 770. the current market values of investments x and y are $28 comma 582 and $46 comma 000, respectively. a. calculate the expected rate of return on investments x and y using the most recent year's data. b. assuming that the two investments are equally risky, which one should douglas recommend? why?