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2 years ago

Define treasury stock. Why do corporations acquire treasury stock?

1 answer:

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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The primary purpose of messages that explain procedures, announce meetings, answer questions, and transmit findings is to ______

pav-90 [236]

Answer:

(B) Inform.

Explanation:

Most business messages achieve nothing more than to inform. They explain procedures, announce meetings, answer questions, and transmit findings. Some however, are meant to persuade and that is by selling out products, increasing the morale of employees, convincing managers and gaining more customers. But most is still to inform as they announce meetings, answer questions, and transmit findings and these are called informative messages.

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4 years ago

U.S. voting statistics show that elderly citizens donate both money and time to political campaigns. In the 2012 presidential el

Juli2301 [7.4K]

Oh I know this one ah answer C. 70%; 49

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3 years ago

The following information relates to Jay Co.’s accounts receivable for the year just ended: Accounts receivable, 1/1 $ 650,000 C

ziro4ka [17]

Answer:

Gross A/R 1,085,000

Allowance (110,000)

Net A/R 975,000

Explanation:

Before allowance for uncollectible accounts:

This means we are asked for the gross accounts receivable:

beginning A/R + net credit sales - collection - write-off accounts:

650,000 + (2,700,000 - 75,000) - 2,150,000 - 40,000 = 1,085,000

Gross A/R 1,085,000

Allowance (110,000)

Net A/R 975,000

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3 years ago

Selected condensed data taken from a recent balance sheet of Heidebrecht Inc. are as follows. HEIDEBRECHT INC. Balance Sheet (pa

Anuta_ua [19.1K]

Answer:

Explanation:

Working Capital:

Working Capital represents the capital available to an organisation to run its day to day expenses.

Formula= Current Assets-Current Liabilities

Total Current Assets= $45,210,000

Total Current Liabilities= $40,020,000

Working Capital= 45,210,000-40,020,000= $‭5,190,000‬

Current Ratio

This measures an organisation's ability to meet its financial obligations due within a year

Formula= Current Assets÷ Current Liablities

= 45,210,000÷40,020,000

= 1:13

Acid-test Ratio

The acid-test ratio is also known as the Quick Ratio. It represents a company's measure of liquidity and it indicates the company's ability to cover its short-term liabilities through its short-term Liquid (easily converted to cash) Assets.

Formula: (Current Asset-Inventory-Other Current Assets)÷ Current Liabilities

Current Asset- Inventory= 45,210,000-14,570,000-5,430,000= ‭25,210,000‬‬

Acid-test Ratio= ‭25,210,000‬÷ 40,020,000=0.63

Note: Other Current Assets were also deducted because we cannot easily decide whether they can be quickly or easily converted to cash or not.

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3 years ago

I need help making a resume badly I'm 15,I'm trying to get a job,I know I need a rresume

lbvjy [14]

Answer:

i'm only 16 but i know for a resume you need to add things you did in the past (any jobs you may have had in the past) and show how you would like to work. And to get a job you have to be 16 or 2 months before 16.

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4 years ago