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Question 1 Not yet answered Marked out of 2.00 P Flag question San Antonio Corporation purchased 300 shares of its own $20 par value common
Question 1 Not yet answered Marked out of 2.00 P Flag question San Antonio Corporation purchased 300 shares of its own $20 par value common stock for $15,000. Later, these shares are sold for $16,000 cash. Support The journal entry to record the sale includes a: Select one: A $1,000 credit to Gain on Sale of Treasury Stock B. 516,000 credit to Treasury Stock C. $1,000 credit to Paid-in Capital from Treasury Stock D. $9,600 credit to Paid-in Capital from Treasury Stock 2 Not yet answered and out of 2.00 P Question Dils Brothers' 2019 financial statements show average shareholders' equity of $20,412 million, net income of $5.040 million and average total assets of $86,700 million How much is Dils Brothers' return on assets for the year? Select one: A. 24.699 B. 11.42% C5.816 D. 4.77% Question 3 Not yet answered Marked out of 2.00 P Flag question Edmonds Corporation had the following data for 2019: Net cash flows from operating activities $6,454,000 Current liabilities at January 1, 2019 $7,200,000 Current liabilities at December 31, 2019 $14,400,000 Edmond's operating-cash-flow-to-current-liabilities ratio for 2019 is: Select one: O A. 0.50 OB. 0.87 OC. 0.57 O D.0.60
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