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maria [59]
3 years ago
13

Dunavant Service Company views share repurchases as treasury stock. Dunavant purchased shares and then later sold the shares at

more than their acquisition price. What is the effect of the sale of the treasury stock on each of the following? Retained earnings - Paid-in capitala. increase - increaseb. increase - no effectc. no effect - no effectd. no effect - increase
Business
1 answer:
Alex3 years ago
4 0

Answer:

The correct answer is Retained earnings: no effect; Paid-in capital: increase

Explanation:

The nominal value of a share establishes a limit price and no company can issue its shares at a lower price, although already issued, the price of the shares is subject to the market price. When capitalization of a corporation is required, it must be defined whether the capital will be obtained from current shareholders or new shareholders. If it is one of the existing ones, there are two options: either the cash contribution is received or the system of delivering dividends payable through shares is used, in which case, it should be clarified whether the shares delivered are preferential or privileged.

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The city council is getting ready to build a new power plant, which is expected to bring jobs to the community, but also generat
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Answer:

environmental racism

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4 0
2 years ago
What does the quantity theory speculate about the cause of inflation?
Gala2k [10]
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Jayhawk Foods Inc. is a snack manufacturer that wants to expand globally. Few people abroad are familiar with Jayhawk Foods snac
cestrela7 [59]

Answer:

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Explanation:

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Having identified the need for a high degree of local responsiveness when it comes to food, Jayhawk Foods Inc., a snack manufacturer that wants to expand globally should pursue a multi domestic strategy for their branches globally.

Multi Domestic strategy is an international marketing strategy that is responsive to the local market by driving advertising and sales efforts towards the needs that the local consumers are most responsive to.

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