dit View History Bookmarks Window Help tracststate sdu Question 9 of 30 20 Point

Question

dit View History Bookmarks Window Help tracststate sdu Question 9 of 30 20 Points A company would buy treasury stock for all of the following reasons excep? ?A. management believes the market price of stock is undervalued O B. to have stock available for management compensation C.to increase the number of potential invenstors by making t 0 D, to avoid a hostile takeover Reset Selection the shares more afordable Mark for Review What's This? Question 10 of 30 2.0 Points What is the total stockholders' equity based on the following account balances? Common Stock Paid-in Capital in Excess of Par, CS 300,000 Retained Earnings Long-term debt Treasury Stock ?A.$490,000. $20,000 100,000 60,000 10,000 B.$390,000. C. $320,000. D.$410,000. Reset Selection MacBook Air

Explanation / Answer

9) A company would buy treasury stock for all of the following reasons except

so answer is c) to increase the number of potential investor by making the share more affordable

10) Calculate total stockholder's equity :

So answer is d) $410000

Common Stock 20000 paid in capital in excess of par value 300000 Total Paid in capital 320000 Retained earnings 100000 Total 420000 Less; Treasury stock -10000 Total Stockholder equity 410000

Related Questions

Navigate

• Browse (All)
• Browse D
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.