Question

The term Treasury Stock is used to refer to the stock the US Treasury owns in...

The term Treasury Stock is used to refer to the stock the US Treasury owns in a company. True False

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Answer: False

Explanation:

Treasury stock refers to the stocks that the issuer repurchases with the motive of either for cancellation or for resale.

Add a comment
Know the answer?
Add Answer to:
The term Treasury Stock is used to refer to the stock the US Treasury owns in...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • 2. US Treasury bill, US Treasury note, US Treasury bond] Discuss the differences among the three...

    2. US Treasury bill, US Treasury note, US Treasury bond] Discuss the differences among the three instruments, focusing on the maturity and coupon issuance. (You may refer to any materials including online articles related to the instruments. It may be helpful to make a table to compare them like below: Maturity Frequency of coupon payment Coupon (yes/no) Common US products (in maturity terms) Treasury bills Treasury notes Treasury bonds

  • Historical average returns for Large Company Common Stocks, Long Term Government Bonds, and US Treasury Bills...

    Historical average returns for Large Company Common Stocks, Long Term Government Bonds, and US Treasury Bills for the period 10-year period of 1999 through 2008 are shown in the following table.  Use these data to solve the next several problems. Year Large Common Stock Long Term Government Bonds US Treasury Bills 1999 0.2104 -0.0751 0.0480 2000 -0.0910 0.1722 0.0598 2001 -0.1189 0.0551 0.0333 2002 -0.2210 0.1515 0.0161 2003 0.2889 0.0201 0.0094 2004 0.1088 0.0812 0.0114 2005 0.0491 0.0689 0.0279 2006 0.1579...

  • The cost method is almost always used to record treasury stock purchases. This means that the...

    The cost method is almost always used to record treasury stock purchases. This means that the corporation has purchased its own stock -- either from a shareholder or on the open market -- and debited the full purchase price to Treasury Stock. Which of the following is a reason for a corporation to purchase its own shares and put them in the treasury? The cost of the treasury shares is a tax deductible item on the corporate income tax return....

  • Term Answer Description Zero coupon bond This term is used for bonds that are secured by a specific asset that the bond...

    Term Answer Description Zero coupon bond This term is used for bonds that are secured by a specific asset that the bond issuer owns. Equipment Trust Certificate This type of municipal bond is backed by the full faith and credit of the issuing municipality. The coupon payments are likely to paid by the taxes that the municipality collects. Sinking Fund This is a bond provision that specifies the annual repayment schedule that will be used to service the bond and...

  • Treasury Stock is considered a liability account. A. true B. False

    Treasury Stock is considered a liability account. A. true B. False

  • Answer the following questions: 1. True or False. Purchasing the stock of a corporation that owns...

    Answer the following questions: 1. True or False. Purchasing the stock of a corporation that owns assets (e.g., buildings, intellectual property, ovens) means that you will have a "basis step up" after purchasing the stock of the corporation. True А. В. False 2. True or false. The current tax rate for corporations is a progressive tax rate. А. True False В. 3. If Corporation A has $20,000 in shareholder equity on the balance sheet, and the company has borrowed $200,000,...

  • 1. TSK Corp. operates a document storage company. Scott, the president owns 40% of the stock....

    1. TSK Corp. operates a document storage company. Scott, the president owns 40% of the stock. In 2018, TSK Corp. had Book Net Income of $800,000.The following items were included in Book Net Income: Dividend  income                                                                    20,000 Interest income                                                                         10,000 Long term capital gain                                                                8,000 Federal tax expense                                                                 213,000 Further discussion with Scott revealed the following additional information: The corporation is a calendar year end and uses the accrual method of accounting. The dividends were from a domestic corporation and TSK owns 20 % of...

  • 6 15 Please refer to your textbook for this question. The term deflation is used to...

    6 15 Please refer to your textbook for this question. The term deflation is used to describe a situation in which stock-market prices are decreasing. o the overall level of prices in the economy is decreasing. incomes in the economy are decreasing. the GDP deflator is involved.

  • Kohlberg, Kravis, Roberts and Company (“KKR”) owns 19% of Dollar General’s common stock.  The par value of...

    Kohlberg, Kravis, Roberts and Company (“KKR”) owns 19% of Dollar General’s common stock.  The par value of Dollar General’s common stock is $1.  If KKR sells one share of Dollar General to another investor for $15, Dollar General will credit common stock for $1 and additional paid-in capital for $14. True or False

  • The financial statements of companies listed on the US stock market must comply with International Financial...

    The financial statements of companies listed on the US stock market must comply with International Financial Reporting Standards. True or False The financial statements of companies listed on the US stock market must comply with International Financial Reporting Standards. True False

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT