All of the following regarding accounting for Treasury Stock under U. S. GAAP and IFRS is true except:
Multiple Choice:
O A company's assets and equity are always reduced by the amount paid for the retiring stock.
O U. S. GAAP applies the principle that companies do not record gains or losses on transactions involving their own stock.
O Gains are not recognized on retirements of treasury stock under U. S. GAAP.
O IFRS applies the principle that companies do not record gains or losses on transactions involving their own stock.
O Only gains are recognized on retirements of treasury stock under IFRS.

What would you do as ceo to support the goals of japan airlines during the challenging economics that airlines face?

Miller mfg. is analyzing a proposed project. the company expects to sell 14,300 units, plus or minus 3 percent. the expected variable cost per unit is $15 and the expected fixed cost is $35,000. the fixed and variable cost estimates are considered accurate within a plus or minus 3 percent range. the depreciation expense is $32,000. the tax rate is 34 percent. the sale price is estimated at $19 a unit, give or take 3 percent. what is the net income under the worst case scenario?

Stormie zanzibar owns a bakery in the fictitious country of olombia. each month the government’s market ministry mails her a large list of the regulated price of goods which include products like bread, muffins and flat bread. the list also dictates the types of goods she can sell at the bakery and what she is to charge. because of the regulations placed on these goods, stormie has increased her production of sweets, pies, cakes, croissants and buns and decreased her supply of breads, muffins and flat bread. she has taken these steps because the sweet goods’ prices are not government controlled. stormie zanzibar lives under what type of economy?