Question 3 Treasury stock is shares owned by the directors of a company. previously issued shares...

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Question 3 Treasury stock is shares owned by the directors of a company. previously issued shares...

Question 3

Treasury stock is

		shares owned by the directors of a company.
		previously issued shares of a company that are now held for resale by the company.
		shares of a company held in reserve to eventually retire the debt of the company.
		shares that are not yet sold but could be sold at any time by a company.
		shares owned by the management of a company.

business accounting

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Answer 1

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previously issued shares of a company that are now held for resale by the company.

Treasury stock are repurchased from the stockholders thus reducing the stock outstanding , these stocks are either retired or are resold by the company

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Question 3 Treasury stock is shares owned by the directors of a company. previously issued shares...

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