« previous next »

Author Question: Written approval takes the form of a signature or initials on a document to indicate that the proper ... (Read 70 times)

mynx

  • Hero Member
  • *****
  • Posts: 555
on: Jul 5, 2018
Written approval takes the form of a signature or initials on a document to indicate that the proper person has authorized the event.
  Indicate whether the statement is true or false

Question 2

Why do corporations purchase and own treasury stock?
 
  What will be an ideal response?


djpooyouma

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jul 5, 2018
Answer to Question 1

T

Answer to Question 2

Corporations purchase and hold treasury stock in order to have shares available to distribute to employees for compensation plans. Corporations may buy stock to distribute cash to owners who choose to sell their stock. Treasury stock can also be used to increase a corporation's earnings per share by reducing the number of shares outstanding. In addition, by keeping stock in the corporate treasury, companies can reduce the amount of future cash dividends to be paid and the risk of a hostile takeover.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Effective communication and harmony between horse and rider are among the goals of proper training Effective communication and harmony between horse and rider are among the goals of proper training
Instructions for Completing the CMS-1500 (02/12) Claim Form Continued Instructions for Completing the CMS-1500 (02/12) Claim Form Continued
W-4 form used by employees to request IRS withholding. W-4 form used by employees to request IRS withholding.
Patient health history form Cont. Patient health history form Cont.
How to quickly determine the maximum or minimum value of a quadratic equation in standard form How to quickly determine the maximum or minimum value of a quadratic equation in standard form
emp form emp form
Video: Introduction to Pre-eclampsia

For a complete list of videos, visit our video library