Treasury Stock represents a. an increase in Investments b. an increase in Common Stock c. a...
-
Treasury Stock represents
a. an increase in Investments
b. an increase in Common Stock
c. a decrease in Stockholders’ Equity
d. an increase in Stockholders’ Equity
5 points
QUESTION 22
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Dividends on Common Stock are paid
a. after the Annual Report has been issued
b. at the discretion of the Board of Directors
c. at a stated percentage of the stock’s par value
d. on December 31
Homework Answers
Treasury Stock are shares reacquired and kept in own treasury by a company to reduce the outstanding shares on market. so, when a company purchased treasury shares, amount of shares purchased will reduce as a seperate line item from total stockholders equity.
So, answer will be:
| c. |
a decrease in Stockholders’ Equity |
2. Dividend on common stocks will be issued by board of directors. later it will ratify in the AGM
So, answer will be:
| b. |
at the discretion of the Board of Directors |
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Treasury Stock represents
a.
an increase in Investments
b.
an increase in Common Stock
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