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please help with 5-8. thanks in advance 5. Which of the following transactions will decrease a company's equity? . a purchase of treasury stock a

please help with 5-8. thanks in advance image text in transcribed
5. Which of the following transactions will decrease a company's equity? . a purchase of treasury stock a stock split e a sale of treasury stock a a stock dividend 6. A company had 10,000 shares outstanding on 1/1. 1,000 new shares were issued on 6/1, and 1,750 shares of treasury stock were purchased on 9/1. What is the weighted average number of shares to be used for the year-end earnings per share calculation (if necessary, round to the nearest whole share)? a. 10,000 b. 10,083 c. 10,063 d. 9,250 7. Jones Corporation has 100,000 shares of $20 par value common stock outstanding. If Jones declares a 20% stock dividend on its common stock when the market value is $35 per share, for what amount will "Additional Paid-in Capital" be recorded? $500,000 $700,000 $400,000 $300,000 8. Jackson Co. has 40,000 shares of $5 par value stock outstanding (total legal capital of $200,000). If Jackson splits the stock 2- for-1, what will be the total legal capital of all Jackson Co. shares after the split? a. $400,000 b. $300,000 c. $100,000 d. $200,000

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