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Flowers on Demand Co. has 200,000 shares outstanding and decides to buy back 3,000 shares at $10 each on February 20, 2020 Flowers then reissued
Flowers on Demand Co. has 200,000 shares outstanding and decides to buy back 3,000 shares at $10 each on February 20, 2020 Flowers then reissued 1,500 shares to the public on March 5, 2021 for 58 each The transaction on February 20th will increase, decrease, not effect) total stockholder's Equity The transaction on March 5th will increase, decrease not effect total stockholder's equity by Please enter number as positive number) Galaxy Flight, Inc. purchases a new building for $3.500,000 on 7/1/2016, at which time managers expected the building to last 20 years with zero salvage value. On 1/1/2020. managers decide they expect to use the building for only 12 more full years from this point in time, with a salvage value of $550,000. What is the Net Book Value of the building on 12/31/2020? On September 1, 2019, a pet store borrows $24.751 from the bank. The loan has an annual interest rate of 12% and is due on August 31, 2020. The store records interest expense on the last day of each month but pays interest only every 8 months so once on February 28, 2020, and once when the loan is due on Aupust 31, 2020). The store hus a December 31 year end. What amount of Interest Payable should the store report on its December 31, 2019 balance sheet
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