With Glo Corporation purchased 3,000 shares of its $5 par value common stock for a cash price of $10 per share two months later with glow sold the treasury stock for cash price of $8 per share prepare the journal entry to record the sale of Treasury stock assuming a no balance in paid in capital for treasury stock be a 4000 balance in paid in capital for treasury stock

Alocal club is selling christmas trees and deciding how many to stock for the month of december. if demand is normally distributed with a mean of 100 and standard deviation of 20, trees have no salvage value at the end of the month, trees cost $20, and trees sell for $50 what is the service level?

Which of the following statements is correct? stockholders should generally be happier than bondholders to have managers invest in risky projects with high potential returns as opposed to safe projects with lower expected returns. potential conflicts between stockholders and bondholders are increased if a firm's bonds are convertible into its common stock. takeovers are most likely to be attempted if the target firm’s stock price is above its intrinsic value. one advantage of operating a business as a corporation is that stockholders can deduct their pro rata share of the taxes the firm pays, thereby eliminating the double taxation investors would face in a partnership.

If airlines do not change their prices how else might they try to compete with each other?