Has the company reacquired any of its common stock? How you can tell? What is reacquired stock
Question:
Has the company reacquired any of its common stock? How you can tell? What is reacquired stock called? When a company reacquires stock does total stockholders’ equity increase or decrease? Why might a company want to reacquire issued shares?
Step by Step Answer:
The company has reacquired shares The shares are called Treasury Shares ...View the full answer
Financial Accounting: A Business Process Approach
ISBN: 978-0136115274
3rd edition
Authors: Jane L. Reimers
Related Video
A stock buyback is when a public company uses cash to buy shares of its own stock on the open market. A company may do this to return money to shareholders that it doesn\\\\\\\'t need to fund operations and other investments.This video will give you detailed overview about how stock buy back works and how it is useful tool for companies to raise capital .
Students also viewed these Accounting questions
-
Why might a government want to establish credibility with regard to fighting inflation?
-
Why might a company want to engage in exporting?
-
Why might a firm want to shelf-register their bonds?
-
Create a weighted scoring model to determine grades for a course. Final grades are based on three exams worth 20%, 15%, and 25%, respectively; homework is worth 15%; and a group project is worth 25%....
-
The subdivision of Problem 6.8 drains to the upstream end of a circular price that has an n value of 0.013 and a slope of 0.005 ft/ft. Determine the size of pipe needed to carry the flow from the...
-
What is a communication barrier? Identify and describe any three types of communication barriers.
-
For the balance sheet for Bethesda Imaging, shown in Table 2.6, identify three financial ratios that might be of interest to an investor in the company. What do the 5 -year trends for the ratios...
-
Why are value-added activities defined from a customer viewpoint?
-
Tiago makes three models of camera lens. Its product mix and contribution margin per unit follow: Lens A Lens B Lens C Required: Percentage of Unit Sales 30% 37 33 Contribution Margin per Unit $ 45...
-
A new coin machine printing nickels is being tested by the Mint. Ten samples, with each using 10 nickles, are weighed. Each nickle should weigh 5 g and each sample should weigh 50g. The data...
-
For the most recent year end, identify total stockholders equity. Of this total, how much was contributed by shareholders for issued shares? On average, how much did shareholders pay per issued...
-
What is liquidity? Which ratios are useful for measuring liquidity and what does each measure?
-
Kalin Corporation had 2020 net income of $1,000,000. During 2020, Kalin paid a dividend of $2 per share on 100,000 shares of preferred stock. During 2020, Kalin had outstanding 250,000 shares of...
-
Reasonable assurance means: a. the auditor disclaims responsibility for the audit opinion. b. an adverse audit report. c. the auditor has done adequate work to report whether or not anything came to...
-
There are many widely used classical distances like the Hausdorff distance between non-empty compact subsets of a set in a metric space \((M, d)\) or the Frchet distance between continuous curves. Do...
-
What is a Dutch auction, and what company used this procedure for its IPO?
-
Explain, using examples, the following, based on what you read in the textbook under the heading ecological succession: a) The pioneer and climax stages. b) Ecological stability. c) Biodiversity and...
-
How does the use of financial leverage affect stockholders control position?
-
Define and give an example of each of the following classes of reactions: precipitation, acidbase, gas-evolution, and redox. Each group member can do one, and then present his or her reaction to the...
-
Wal-Mart is the second largest retailer in the world. The data file on the disk holds monthly data on Wal-Marts revenue, along with several possibly related economic variables. a) Using computer...
-
In accordance with GASB 34, which of the following is correct regarding the reporting of internal service funds? I. The internal service fund should be discretely presented as part of the governments...
-
Design a feedback form for Nicks restaurant customers using an ecommerce Web site.
-
Write six different queries for the file in Problem 1 in Chapter 13.
-
Write six different queries for the 3NF relation in Problem 5 in Chapter 13.
-
(a) Given a scenario the price per unit (p) for a product or services can be represented more simply as being independent of demand and is greater than the variable cost per unit (cv), it resulted to...
-
A company had the following income statement for the previous reporting period ( earnings before interest and taxes ) : Revenue $ 2 8 , 0 0 0 , 0 0 0 COGS $ 1 6 , 9 3 2 , 4 0 9 SG&A $ 6 , 5 0 3 , 1 2...
-
Per Unit Net Realizable Inventory, by Product Category Quantity Cost Value Tools: Saws Paint products: Paint brushes Required: Hammers Screwdrivers 1-gallon cans 110 $ 4.40 $ 4.90 140 9.40 8.40 240...
Study smarter with the SolutionInn App