Q 15.33: In 2014, Prosser Incorporated conducted its initial public stock offering, selling 100,000 shares of $10 par common stock for $22 each. Later, in 2019, Prosser purchased 10,000 of these shares for $34 per share and opted to hold them as treasury stock. Then, on June 15, 2020, Prosser exchanged these 10,000 shares for a piece of property with an assessed value of $300,000. As of June 15, 2020, Prosser’s stock is actively traded and has a market price of $38 per share. Assuming Prosser uses the cost method to account for treasury stock, what amount of paid-in capital from treasury stock transactions would result from the events described above?

Jaynet spends $50,000 per year on painting supplies and storage space. she recently received two job offers from a famous marketing firm – one offer was for $95,000 per year, and the other was for $120,000. however, she turned both jobs down to continue a painting career. if jaynet sells 35 paintings per year at a price of $6,000 each: a. what are her accounting profits? b. what are her economic profits?

Your family business uses a secret recipe to produce salsa and distributes it through both smaller specialty stores and chain supermarkets. the chain supermarkets have been demanding sizable discounts, but you do not want to drop your prices to the specialty stores. true or false: the robinson-patman act limits your ability to offer discounts to the chain supermarkets while leaving the price high for the smaller stores. true false

Anheuser-busch inbev is considering you for an entry-level brand management position. you have been asked to prepare an analysis of the u.s. craft beer industry as part of the selection process. prepare a 3-5 page report that includes a description of the industry’s strategically relevant macro-environmental components, evaluates competition in the industry, assesses drivers of change and industry dynamics, and lists industry key success factors. the company’s management also asks that you propose the basic elements of a strategic action plan that will allow the company to improve its competitive position in the market for craft beer. you must provide a heading in your report for each of the required elements of the assignment.