Record each of the following transactions for the Toyota Corporation in general journal form. Down load and use the " Treasury Stock Final Exam blank journal paper" form for this problem, which you can find in your Files Section of this Canvas class.
Assume that Treasury Stock transactions are recorded using the cost method.
Retained earnings has a balance of $450,000 in it.
(a) Issued 30,000 shares of 9%, $20 par Preferred Stock at $26 each share.
(b) Issued 50,000 shares of $3 par value Common Stock at $33 each share.
(c) Re-purchased 4,000 shares of its outstanding Preferred Stock at $28 each share.
(d) Re-Purchased 6,000 shares of its outstanding Common Stock at $35 each share.
(e) Re-issued 1,000 shares of its Common Treasury Stock at $37 each share.
(f) Re-issued 500 shares of its Common TreasuryStock at $32 per share.
(g) Re-issued 1,200 shares of its Preferred Treasury Stock at $32 per share.
(h) Re-issued 620 shares of Preferred Treasury Stock at $20 each share.

Which of the following is an example of an unsought good? a. cameron purchases a new bike. b. jordan buys paper towels. c. taylor buys cupcakes from her favorite bakery. d. riley buys new windshield wipers for her car.

Coca-cola was primarily known for its core competencies in marketing, bottling, and distributing aerated drinks. however, with the success of gatorade, coca-cola developed competencies in the development and marketing of its own sports drink, powerade. which of the following is true of coca-cola? a. it is leveraging existing core competencies to improve current market position. b. it is building new core competencies to protect and extend its current market position. c. it is redeploying and recombining existing core competencies to compete in markets of the future. d. it is targeting the chasm between the early adopter and early majority market segment.

Make or buy eastside company incurs a total cost of $120,000 in producing 10,000 units of a component needed in the assembly of its major product. the component can be purchased from an outside supplier for $11 per unit. a related cost study indicates that the total cost of the component includes fixed costs equal to 50% of the variable costs involved. a. should eastside buy the component if it cannot otherwise use the released capacity? present your answer in the form of differential analysis. use negative sign represent a net disadvantage answer; otherwise do not use negative signs with your answers. cost from outside supplier $answer variable costs avoided by purchasing answer net advantage (disadvantage) to purchase alternative $answer b. what would be your answer to requirement (a) if the released capacity could be used in a project that would generate $50,000 of contribution margin? use negative sign represent a net disadvantage answer; otherwise do not use negative signs with your answers.