Question: Read paragraphs 105 through 107 in Appendix B: Background information and basis for conclusions in FASB's Statement of Financial Accounting Standards No. 128. a. Why
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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a The Board made this decision for a number of reasons namely because it is fairly simple to impleme... View full answer
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