shares at the time of repurchase. Which of the following correctly describes the effect of the share repurchase and retirement? Group of answer choices a. Additional paid-in capital is decreased. b. Retained earnings is increased. c. 2020 net income is decreased. d. 2020 net income is increased.

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I REALLY NEED HELP ON THIS, PLEASE DON'T REJECT    Ed Company acquired the assets and assumed the liabilities of Sheeran Inc. on June 30, 2022. The consideration transferred by the acquirer were as follows:  Cash amounting to P2,000,000.Issued 10,000 ordinary shares at P10 par with a market price of P15.Issued 5 year interest bearing bonds payable with a face value of P3,000,000 with a nominal rate of 10% and effective interest of 12%. (use two decimal places for the present value factor)  Acquisition related costs incurred were as follows:  Legal fees amounting to P120,000, 70% of which is not yet paid.Share issue costs paid amounted to P15,000.Bond Issue costs paid amounting to P120,000.  The Balance Sheet of the two entities before acquisition were as follows:    Ed Company Sheeran Inc. Total Assets  16,500,000 5,235,000 Total Liabilities  2,500,000 500,000 Ordinary Shares  5,000,000 1,250,000 Share premium  1,500,000 750,000 Retained…

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thout making journal entries. this 4. Vaughn Company began operations in 2024. Since then, it has reported the following gains and losses for its equity investments on the income statement: 2024 2025 2026 Gains (losses) from sale of securities $14,100 $(20,900) $13,800 Unrealized holding losses on valuation of securities (25,100) Unrealized holding gain on valuation of securities At January 1, 2027, Vaughn owned the following securities: Cost BKD Common (16,000 shares @ $32) $512,000 LRF Preferred (2,400 shares @ $106) 254,400 10,400 (14,700)

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(Give the exaplanation of formula and concept.do not provide plagarised content otherwise i dislike)   Isle Royale Inc. bought 22,500 shares of the voting common stock of Lake Clark Company in January 2023. In December, Lake Clark Company announced $202,900 net income for 2023 and declared and paid a cash dividend of $8.00 per share on all 202,000 shares of its outstanding common stock. Calculate Isle Royale Inc.'s dividend revenue from Lake Clark Company in December 2023.○ $180,000○ $22,600○ $0○ $1,616,000

In January 2018, Janeway Inc. doubled the amount of itsoutstanding stock by selling on the market an additional10,000 shares to finance an expansion of the business. Youpropose that this information be shown by a footnote on thebalance sheet as of December 31, 2017. The president objects,claiming that this sale took place after December 31, 2017,and therefore should not be shown. Explain your position.