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

Data for hermann corporation are shown below: per unit percent of sales selling price $ 125 100 % variable expenses 80 64 contribution margin $ 45 36 % fixed expenses are $85,000 per month and the company is selling 2,700 units per month. required: 1-a. how much will net operating income increase (decrease) per month if the monthly advertising budget increases by $9,000 and monthly sales increase by $20,000? 1-b. should the advertising budget be increased?