All categories

3 years ago

Treasury stock is:

Business

2 answers:

VashaNatasha [74]3 years ago

7 0

Answer:

a. Common stock acquired by the company in the open market & recorded as negative equity

Explanation:

A stock which is buy back from the market at market rate issued by the company. It reduces the total outstanding shares of the company. It is the difference of Number of share issued and Number of share outstanding. Its account is consider as contra equity account. So the correct option is a. Common stock acquired by the company in the open market & recorded as negative equity.

bekas [8.4K]3 years ago

4 0

Answer:

The correct answer is letter "A": Common stock acquired by the company in the open market & recorded as negative equity.

Explanation:

Treasury Stock is the legal stock of a corporation that it keeps for later use in its treasury. Usually, a firm buys its treasury stock on the open market. Treasury stock may also exist because not all of the outstanding shares were sold by the issuing company. Treasury stock is a counter-equity account reported in the balance sheet portion of the shareholder's equities.

You might be interested in

What are reasons why many organizations tap only a fraction of the potential that is available from cross-border transfer of kno

qwelly [4]

The available options are:

a. Barriers of language, cultural, and geographic distances.

b. Lack of trust among people at different locations.

c. Divisions sometimes view knowledge and innovation as power and want to hold onto it.

d. Economies of scope can increase a company's market power as compared to competitors.

Answer:

d. Economies of scope can increase a company's market power as compared to competitors.

Explanation:

There are various reasons why many organizations tap only a fraction of the potential that is available from cross-border transfer of knowledge and innovation, these include:

1. The technical know-how tends to remains hidden in various units because of language, cultural, and geographical distances

2. Various divisional units sometimes perceive knowledge and innovation as power and want to monopolize it, to gain influential position within the global firm

3. The "not-invented-here" syndrome makes some managers reluctant to tap into the technical knowledge and expertise of other units

4. Much of an organization's knowledge is in the minds of employees and cannot easily be written down and shared with other units

Hence, the reasons why many organizations tap only a fraction of the potential that is available from cross-border transfer of knowledge and innovation except: Economies of scope can increase a company's market power as compared to competitors.

3 0

3 years ago

Nike, Inc.reported the following plant assets and intangible assets for the year ended May 31, 2022 (in millions): other plant a

vodka [1.7K]

Answer:

Explanation:

The total assets comprises of current assets, fixed assets ,and the intangible assets

The current assets includes cash, stock, account receivable, etc

Fixed assets include plant & machinery, land, equipment, furniture & fittings, etc.

And, the intangible assets include patents, copyrights, goodwill, etc.

The preparation of the classified balance sheet for Nike, Inc on May 31, 2022 is presented in the spreadsheet. Kindly find the attachment below:

3 0

3 years ago

The market supply curve indicates the rev: 05_10_2018 Multiple Choice maximum prices that buyers are willing and able to pay for

Yakvenalex [24]

Answer:

The market supply curve shows the minimum prices that all the sellers in the market will be willing to accept for the product.

Explanation:

The market supply curve of a product is the summation of individual supply curves. It represents the minimum acceptable prices of the product that all the firms in the market will be willing to accept.

The market supply curve is an upward line representing the law of supply. The law of supply states that other things being constant the supply of a product will be directly related to its price. this means that with an increase in the price level, the output level will increase as well.

4 0

4 years ago

The Cole Beverage Company (CBC) has a soft drink product that has a constant annual demand of 3,600 cases per year. A case of th

skad [1K]

Answer:

a. 480

Explanation:

The computation of the economic order quantity is given below:

$EOQ = \sqrt{\frac{2\times annual \ demand \times ordering\ cost }{carrying \ cost}} \\\\= \sqrt{\frac{2\times 3600\times \$32}{\$1} }$

= 480 units

The carrying cost could be determined below:

= $4 × 25%

= $1

hence, the carrying cost is $1

Therefore the economic order quantity is 480

Thus, the correct option is a.

7 0

3 years ago

Warren, Inc. purchased a $400,000 life insurance policy on the company president on January 1, 2017. The premium that was paid o

stealth61 [152]

Answer: $10,400

Explanation:

4 0

4 years ago