Nouveaux co. was incorporated at the beginning of this calendar year. its articles of incorporation authorize 500,000 shares of common stock, of which 100,000 were issued immediately. on june 30, nouveaux repurchased 10,000 shares to be held as treasury stock. on september 30, it effected a 3-for-1 stock split. consequently, the number of shares outstanding at year end was

a) 1,500,000
b) 330,000
c) 300,000
d) 270,000

in year 3, seda corp. acquired 6,000 shares of its own $1 par value common stock at $18 per share. in year 4, seda reissued 3,000 of these shares at $25 per share. seda uses the cost method to account for its treasury stock transactions.

prepare journal entries to record the transactions.

John novosel was employed by nationwide insurance company for fifteen years. novosel had been a model employee and, at the time of discharge, was a district claims manager and a candidate for the position of division claims manager. during novosel's fifteenth year of employment, nationwide circulated a memorandum requesting the participation of all employees in an effort to lobby the pennsylvania state legislature for the passage of a certain bill before the body. novosel, who had privately indicated his disagreement with nationwide's political views, refused to lend his support to the lobby, and his employment with nationwide was terminated. novosel brought two separate claims against nationwide, arguing, first, that his discharge for refusing to lobby the state legislature on behalf of nationwide constituted the tort of wrongful discharge in that it was arbitrary, malicious, and contrary to public policy. novosel also contended that nationwide breached an implied contract guaranteeing continued employment so long as his job performance was satisfactory. what decision as to each claim?

Brian has been working for a few years now and has saved a substantial amount of money. he now wants to invest 50 percent of his savings in a bank account where it will be locked for three years and gain interest. which type of bank account should brian open? a. savings account b. money market account c. checking account d. certificate of deposit

Which of the following statements is true of unsought products? as compared to convenience products, unsought products are purchased more frequently. unsought products are consumer products and services that customers usually buy frequently, immediately, and with minimal comparison and buying effort. a life insurance policy is an example of an unsought product. unsought products have strong brand identification for which a significant group of buyers is willing to make a special purchase effort. unsought products are those products purchased for further processing or for use in conducting a business.