Read paragraphs 105 through 107 in Appendix B: Background information and basis for conclusions in FASB's Statement
Question:
a. Why did the Board decide to continue to use the treasury stock method?
b. What were the Board’s primary concerns with the treasury stock method?
c. Why did the Board choose to use the average stock price to determine the number of treasury shares assumed purchased?
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Related Book For
Intermediate Accounting
ISBN: 978-0132162302
1st edition
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
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