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Paladinen [302]
2 years ago
15

Define treasury stock. Why do corporations acquire treasury stock?

Business
1 answer:
Dmitriy789 [7]2 years ago
8 0

Treasury stock, also known as treasury stock or repurchased stock, refers to shares issued prior to being repurchased by shareholders through the issuing company. As a result, the total number of shares outstanding on the open market is reduced.

Companies may use their shares to pay for investments in or acquisitions of competitors. These stocks may also be reissued to existing shareholders to reduce dilution from employee incentive compensation plans.

Stocks consist of shares in which the ownership of a company or business has been divided. One share represents a partial ownership interest in the company over the total number of shares.

Learn more about stock here:brainly.com/question/25818989

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A person offers you the following deal. You can have the proceeds of $2 doubled each year at the end of 15 years, or you can hav
rosijanka [135]
I’d take the first answer as it getting doubled by the number so after the 4th year you’d make $65,536 which already a better deal then the second answer
4 0
3 years ago
Read 2 more answers
A large law firm uses an average of 40 boxes of copier paper a day. The firm operates 260 days a year. Storage and handling cost
Drupady [299]

1. Ordering 204 boxes will minimize the sum of annual ordering and carrying costs

2. Total cost will be $6118.82

3. Yes,annual ordering and carrying costs always equal at the EOQ.

<u>Explanation</u>:

D = 40 boxes per for 260 days

   = 40 \times 260 = 10400 boxes

S = $60

H = $30

1.  Q = \sqrt{\frac{2DS}{H} }

        = \sqrt{\frac{2 \times 10400 \times 60}{30} }

        = 203.96

Q = 204 boxes

2. TC = \frac{Q \times H}{2} + \frac{D \times S}{Q}

           = \frac{204 \times 30}{2} + \frac{10400 \times 60}{204}

            = 3060 + 3058.82

TC= $6118.82

7 0
3 years ago
Tang Company accumulates the following data concerning raw materials in making its finished product:
Delvig [45]

Answer:

1. $2.60

2. 4 pounds

3. $10.40

Explanation:

Given that,

Price per pound of raw materials = $2.30

Freight-in = $0.20

Receiving and handling = $0.10

Quantity per gallon of the finished product—required materials = 3.60 pounds

Allowance for waste and spoilage = 0.40 pounds

1. Standard materials price per gallon:

=  Price per pound of raw materials + Freight-in + Receiving and handling

= $2.30 + $0.20 + $0.10

= $2.60

2. Standard materials quantity per gallon:

=   Quantity required materials + Allowance for waste and spoilage

= 3.60 pounds + 0.40 pounds

= 4 pounds

3. Standard materials cost per gallon:

=  Standard materials price per gallon × Standard materials quantity per gallon

= $2.60 × 4

= $10.40

6 0
4 years ago
porter jewelers, a sole proprietorship has a marginal tax rate of 32 percent and an average tax rate of 20.9 percent. if the fir
Vitek1552 [10]

The amount of Taxable income earned equals $164,258.37.

<h3>What is a Taxable income?</h3>

It refers to any gross income earned that is used to calculate the amount of tax you owe.

Taxable income = $34,330 / .209

Taxable income = $164,258.37

Therefore, the amount of Taxable income earned equals $164,258.37.

Read more about Taxable income

brainly.com/question/25641320

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6 0
2 years ago
In your own opinion, what are the things or action that can acquire and keep up business apparatuses required to help work envir
VLD [36.1K]

Explanation:

Your work environment impacts your mood, drive, mental health and performance. If employees work in a dreary office setting with unfriendly workers, they likely won't have enough confidence or job satisfaction to speak up. That's why creating a positive work environment is critical to your company's success.

3 0
3 years ago
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