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tatiyna
3 years ago
5

No gain or loss is reported when treasury stock is reissued because GAAP does not consider transactions between a corporation an

d its owners to be profit-making activities.
A. True
B. False
Business
1 answer:
ikadub [295]3 years ago
5 0

Answer:

A) True

Explanation:

The GAAP doesn't allow corporations to record any income or loss from investments in its own stock (repurchase and reissuing) since transactions involving the owners of the corporation cannot result in profit or losses. Shareholders are the owners of the corporation and it cannot make a profit or loss by selling to itself.

Reissuing or repurchasing of stock only affects the balance sheet, like all transaction involving stocks.

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8 0
3 years ago
Which of the following equations describes customer value?
Vlad1618 [11]

Answer:

A. Customer value = customer benefits - customer cost

Explanation:

The customer value is the worth of a product or a service as compared to other alternatives in the standpoint of a customer.

It is basically like the worth of obtaining a product or a service is to a customer. Customer value can be considered how a customer benefits from the product minus the cost of obtaining the product.

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4 years ago
The immediate-short-run aggregate supply curve represents circumstances where: A. both input and output prices are fixed. B. bot
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Answer:

Option A

Explanation:

The correct answer is  Option A.

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The price of the product is represented on the vertical axis whereas on horizontal axis quantity is represented.

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4 years ago
Which costs would be considered fixed costs?
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Answer:

administrative salaries.

Explanation:

Examples of fixed costs include rental lease payments, salaries, insurance, property taxes, interest expenses, depreciation, and potentially some utilities.

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Answer:

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Explanation:

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