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An Analysis of Stockholders' Equity of Hahn Corporation as of January

question 142

Multiple Choice

An analysis of stockholders' equity of Hahn Corporation as of January 1, 2014, is as follows: An analysis of stockholders' equity of Hahn Corporation as of January 1, 2014, is as follows:   Hahn uses the cost method of accounting for treasury stock and during 2014 entered into the following transactions:Acquired 2,500 shares of its stock for $75,000.Sold 2,000 treasury shares at $35 per share.Sold the remaining treasury shares at $20 per share.Assuming no other equity transactions occurred during 2014, what should Hahn report at December 31, 2014, as total additional paid-in capital? A)  $795,000 B)  $800,000 C)  $805,000 D)  $815,000 Hahn uses the cost method of accounting for treasury stock and during 2014 entered into the following transactions:Acquired 2,500 shares of its stock for $75,000.Sold 2,000 treasury shares at $35 per share.Sold the remaining treasury shares at $20 per share.Assuming no other equity transactions occurred during 2014, what should Hahn report at December 31, 2014, as total additional paid-in capital?

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Dependable

Capable of being relied on; trustworthy or reliable.

Conscientiousness

A quality in a person that includes being orderly, trustworthy, and having a deep commitment to obligations.

Diligent

Showing careful and persistent work or effort in tasks or duties.

Disciplined

Showing a controlled form of behavior or way of working.

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