Please Refer to the Following Information for Peartree Company

question 30

Multiple Choice

Please refer to the following information for Peartree Company: If Peartree purchases an additional 1,000 shares of treasury stock at $18 per share, which of the following statements would be TRUE?

• A)The Treasury stock account would go down by $18,000.
• B)The Paid-in capital account would not be affected.
• C)The Retained earnings account would go down by $2,000.
• D)The Paid-in capital account would go down by $2,000.

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Definitions:

Masculine Stereotypes

Preconceived and oversimplified beliefs or ideas about the characteristics, attributes, and behaviors deemed appropriate for men in a society.

#MeToo

A social movement against sexual harassment and assault, aimed at raising awareness and demonstrating the widespread prevalence of such issues in society.

Sexual Violence

Any sexual act or an attempt to obtain a sexual act through violence or coercion.

Intimate Partner Violence

Any intentional act or series of acts by one or both partners in an intimate relationship that causes injury to either person. It can include physical assault, emotional abuse, sexual violence, and sexual harassment. Sometimes referred to as spousal violence or domestic abuse.