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 $8 each. total . The transaction on February 20th will increase, decrease, not effect) stockholder's Equity The transaction on March 5th will increase, decrease, not effect) total stockholder's equity by (Please enter number as positive number) Mattress King is calculating its financial statement ratios at the end of the year. Which of the following scenarios would make Mattress King's investors happy? Low debt to assets, low gross profit percentage, high days in inventory High inventory turnover, low gross profit percentage, low debt to assets High debt to assets, low inventory turnover, high days in inventory High gross profit percentage, low days in inventory, high inventory turnover A pharmaceutical company is being sued by a customer who had terrible side effects from one of their drugs and was hospitalized. The case is expected to be settled within this accounting period. It is probable that the company will have to pay a settlement that management estimates to be $800,000. How would this fact be reported in the financial statements to be issued at the end of the current period? None because disclosure is not required $800,000 in the current liabilities section and a footnote disclosure $800,000 in the Long-Term liabilities section In the footnote section only