My Subscriptions Ghulam Fam On January 1, 2019, Van Lines Company had 100,000 shares of $12 par-value common stock outstanding. On March 1, 2019, they purchased 2,000 of its outstanding shares for $54 per share. On May 1, 2019, it reissued 1,000 shares at $66 per share. The journal entry to record the reissuance of the stock on May 1, 2019 would include: Select one: O A. Credit Cash for $66,000 B. Debit Paid-In Capital, Treasury Stock for $54,000 0 C. Credit Paid-in-Capital, Treasury Stock for $12,000 D. Credit Treasury Stock for $108,000 Question 67 Not yet answered Marked out of 1.85 Flag question Which ratio can provide an indication of the salability of the company's products? Select one: 0 A. Inventory turnover B. Current ratio OC Gross profit margin D D. Account receivable turnover