Our company originally issued 1,000 shares of $1 par value common stock for $9 per share. we repurchased 200 shares of the stock as treasury stock for $10 per share. on september 5, we sold 100 shares of treasury stock for $12 per share. what account(s) and amount(s) would we credit when we record the journal entry for the september 5 transaction? (a) cash, $2,000 (b) treasury stock, $2,000 (c) treasury stock, $18,000 (d) cash, $18,000.

Acompany that adapts its product mix to meet the needs of a new market is using which of the following global marketing strategies market development diversification strategy product development undiversified

The following pertains to smoke, inc.’s investment in debt securities: on december 31, year 3, smoke reclassified a security acquired during the year for $70,000. it had a $50,000 fair value when it was reclassified from trading to available-for-sale. an available-for-sale security costing $75,000, written down to $30,000 in year 2 because of an other-than-temporary impairment of fair value, had a $60,000 fair value on december 31, year 3. what is the net effect of the above items on smoke’s net income for the year ended december 31, year 3?

Bond j has a coupon rate of 6 percent and bond k has a coupon rate of 12 percent. both bonds have 14 years to maturity, make semiannual payments, and have a ytm of 9 percent. a. if interest rates suddenly rise by 2 percent, what is the percentage price change of these bonds?