A Company Purchases 600 Shares of Its $100 Par Value $\begin{array}{l}\text { Cash }&5,700\\\text { Treasury Stock-Common } &&5,500 \\\text { Paid-in Capital, Treasury Stock } &&200 \\\end{array}$

question 152

Multiple Choice

A company purchases 600 shares of its $100 par value common stock at $110 per share.It then reissues 100 shares at $114 per share.The entry upon reissue of the stock would be:

• A)
• \(\begin{array}{l}
• \text { Cash }&5,700\\
• \text { Treasury Stock-Common } &&5,500 \\
• \text { Paid-in Capital, Treasury Stock } &&200 \\
• \end{array}\)
• B)
• \(\begin{array}{l}
• \text { Cash }&5,700\\
• \text { Treasury Stock-Common } &&5,500 \\
• \text {Gain on Sale of Treasury Stock } &&200 \\
• \end{array}\)
• C)
• \(\begin{array}{l}
• \text { Cash }&5,700\\
• \text { Treasury Stock-Common } && 5,000 \\
• \text { Retained Earnings } && 700
• \end{array}\)
• D)
• \(\begin{array}{llr}
• \text {Cash } &5,700\\
• \text {Treasury Stock-Common } &&5,700\\
• \end{array}\)

Identify and describe various personality disorders and their characteristics.

Understand factors affecting prognosis and treatment responsiveness in schizophrenia.

Recognize the role of family dynamics in the treatment and prognosis of schizophrenia.

Understand the neurobiological correlates of schizophrenia and personality disorders.

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Definitions:

Marginal Cost Curve

A curve that shows the cost of producing one more unit of a good or service, typically upward sloping because of increasing marginal costs.

Average Variable Cost Curve

A graphical representation of the variable cost per unit at different levels of output.

Total Variable Costs

The sum of all costs that vary with the level of output or production in the short run, such as materials and labor expenses.

Total Cost

The entire cost of production, including both fixed and variable costs, incurred by a business in manufacturing a good or providing a service.