For what reasons might a corporation purchase its own shares?
Question:
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (11 reviews)
The major reasons for purchasing its own shares are 1 To provide taxef...View the full answer
Answered By
Ajeet Singh
Hi there! Are you looking for a committed, reliable, and enthusiastic tutor? Well, teaching and learning are more of a second nature to me, having been raised by parents who are both teachers. I have done plenty of studying and lots of learning on many exciting and challenging topics. All these experiences have influenced my decision to take on the teaching role in various capacities. As a tutor, I am looking forward to getting to understand your needs and helping you achieve your academic goals. I'm highly flexible and contactable. I am available to work on short notice since I only prefer to work with very small and select groups of students. Areas of interest: Business, accounting, Project management, sociology, technology, computers, English, linguistics, media, philosophy, political science, statistics, data science, Excel, psychology, art, history, health education, gender studies, cultural studies, ethics, religion. I am also decent with math(s) & Programming. If you have a project you think I can take on, please feel welcome to invite me, and I'm going to check it out!
5.00+
4+ Reviews
24+ Question Solved
Related Book For
Intermediate Accounting
ISBN: 978-0470616314
IFRS edition volume 2
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
Question Posted:
Students also viewed these Accounting questions
-
for what reasons might a corporation purchase its own stock
-
For what reasons might a corporation purchase its own stock?
-
For what reasons might a company like IBM repurchase some of its stock (treasury stock)? Discuss.
-
QUESTION 5 Directions: Passage B is the story of a childs first Halloweenparade. Read the passage carefully. Answer the questions thatfollow. Passage B I am six years old. It is Halloween. The school...
-
For the circuit in Fig. 4.78, find the terminal voltage Vab using superposition. Figure 4.78 ah 10 O a 4 V 2 A
-
In the simulation, Jack and Susie demonstrate both negative and positive affect toward one another. Give several examples of each. Gottman speculates that showing interest in one another is a...
-
Consider a binomial model with three dates as introduced at the end of Sect. 6.3 (with \(t \in\{0,1,2\}\) ) and a contingent claim with payoff \(f\left(s_{2} ight)\), where \(s_{2}\) denotes the...
-
1. Why are antidumping (AD) and countervailing duty (CVD) measures brought and imposed? 2. What is the impact on a firm from a nontriad country if it faces an AD or CVD case in its major market?
-
14. (3 points) Write a program that ask the user for 1. their first name and 2. their last name, Enter first name: Matt Enter last name: Priem Hello Matt Priem! and then outputs a greeting similar to...
-
The file S02_03.xlsx contains data from a survey of 399 people regarding a government environmental policy. a. Create a crosstabs and an associated column chart for Gender versus Opinion. Express the...
-
What are the different bases for share valuation when assets other than cash are received for issued shares?
-
Kim Inc. recently noted that its 4% preference shares and 4% participating preference shares, which are both cumulative, have priority as to dividends up to 4% of their par value. Its participating...
-
Sketch the proton NMR spectrum of 2-butanone, and explain how this spectrum would change if the compound were treated with D 2 O and a base.
-
At a fundamental level, all input ( as well as output ) is done on a character - by - character basis. A . True B . False
-
Identify 2 tools used for backup purposes that would support business continuity to ensure that the data can be accessed during the disaster. Explain who is responsible for the backup. How often...
-
The video about sign language demonstrated: A . Most sign languages are very similar. B . All sign languages use the same gesture for the word "what". C . English - speaking countries use the same...
-
Trying to break an encryption key by trying every possible combination of characters is called what? 1 point A social engineering attack A brute force attack A rainbow table attack A known cyphertext...
-
What two different types of firmware may be used on motherboards? a. POST b. UEFI c. CMOS d. BIOS
-
Find the interval of convergence. 00 n=0 xh (n!)
-
Imagine that your best friend knows you are taking a psychology course and wonders what psychology is all about. How would you define psychology for your friend? Write an essay on the discipline of...
-
The service time in the M/M/1 queuing model is assumed to be .
-
Assume the same information as in BE17.7 except that on October 1, 2020, Laurin declared a 1- for-2 reverse stock split instead of a 10% stock dividend. Calculate the weighted average number of...
-
In 2019, Capstone Ltd. issued $50,000 of 8% bonds at par, with each $1,000 bond being convertible into 100 common shares. The company had revenues of $75,000 and expenses of $40,000 for 2020, not...
-
An excerpt from the statement of financial position of Twilight Limited follows: 1. Options were granted/written in 2019 that give the holder the right to purchase 100,000 common shares at $8 per...
-
Sophia operates a large singing school with 22 employees. She receives advance fee payments from students in respect of each course (a course consists of 26 lessons). If a student does not attend all...
-
What role does agency play in the Hypodermic Model of Communication? Long after the model has been abandoned by experts in persuasion and mass media, why does this model live on as common sense?
-
Daniel is a resident individual who carries on a retail business but does not use the SBE method of accounting for income in his business. On 30 June of the current tax year he had trade debtors of...
Study smarter with the SolutionInn App