Question: Please help with BOTH problems and have the correct and I will like your answer. Thank you! Larkspur, Inc. purchased 4,800 shares of its $12

 Please help with BOTH problems and have the correct and Iwill like your answer. Thank you! Larkspur, Inc. purchased 4,800 shares of Please help with BOTH problems and have the correct and I will like your answer. Thank you!

Larkspur, Inc. purchased 4,800 shares of its $12 par value common stock for $321,600 on August 1. It will hold these shares in the treasury until resold. On December 1 , the corporation sold 2,880 shares of treasury stock for cash at $74 per share. Journalize the treasury stock transactions. (Record journal entries in the order presented in the problem. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Current Attempt in Progress X Your answer is incorrect. For 2020, Windsor, Inc. reported beginning total assets of $222,000 and ending total assets of $378,000. Its net income for this period was $56,500, and its net sales were $405,000. Compute the company's asset turnover for 2020. (Round answer to 2 decimal places, e.g. 1.25.) Asset turnover times

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