Salon company originally issued 4,000 shares of $10 par value common stock for $120,000 ($30 per share). salon subsequently purchases 400 shares of treasury stock for $27 per share and resells the 400 shares of treasury stock for $29 per share. in the entry to record the sale of the treasury stock, there will be a

(a) credit to common stock for $10,800.
(b) credit to treasury stock for $4,000.
(c) debit to paid-in capital in excess of par of $12,000.
(d) credit to paid-in capital from treasury stock for $800.

Uppose the book-printing industry is competitive and begins in a long-run equilibrium. then hi-tech printing company invents a new process that sharply reduces the cost of printing books. suppose hi-tech's patent prevents other firms from using the new technology. which of the following statements are true about what happens in the short run? check all that apply. hi-tech's average-total-cost curve shifts downward. hi-tech's profits increase. the price of books remains the same. hi-tech's marginal-cost curve remains the same.

Afactory owner wants his workers to produce as many widgets as they can so he pays his workers based on how many widgets they produce. however, in order to make sure that the workers do not rush and produce a large number of poorly made widgets, he checks the widgets at random at various stages of their manufacture. if a defect is found in a widget, the pay of the entire section of the factory responsible for that defect is docked. how is this factory owner seeking to solve the agency conflict problem in this case?

Financial information that is capable of making a difference in a decision is