Request for proposal (RFPs) usually are unnecessary for straight repurchase situations

Dewey, Cheatem & Howe, Inc., received cash from selling 500 shares of its $0.50 par value common stock at $12 per share. What happens to SE?

A. 0 No Effect B. (6,000) Common Stcok C. 250 Common Stock D. 6,000 Common Stock E. 250 Common Stock; 5,750 Paid-in Capital in Excess of Par F. 5,750 Common Stock; 250 Paid-in Capital in Excess of Par G. (250) Common Stock; (5,750) Paid-in Capital in Excess of Par H. 6,000 Sales Revenue I. 6,000 Cash J. 250 Cash K. (6,000) Cash

Which of the following statements is true of the Mexican economy?

A) Since the formation of EFTA, Mexico has been modernizing its infrastructure. B) Immigrant workers from Mexico fill the need for low-cost labor in the U.S. C) Over 80 percent of Mexico's trade is with Canada. D) Americans have invested more in Mexico than any other foreign land.