A corporation may wish to repurchase some of its shares for all of the following reasons EXCEPT:
A) The stock may be needed for future mergers.
B) The corporation's executives will financially benefit if the stock is resold later at a substantial profit.
C) It can stabilize or increase the market price of the stock.
D) The stock may be needed for an employee compensation plan.
B) The corporation's executives will financially benefit if the stock is resold later at a substantial profit.
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Narrative 9-2Use the information below to solve the following problems: Tax Rate Wage Base Social security6.2% $128,400 Medicare1.45% no limit FUTA.6% $7,000 SUTA5.4% $7,000 ? Refer to Narrative 9-2. Solomon Plastics employs 272 workers and has a gross payroll of $186,500.00 per week. Fringe benefits are 4 3/4% of gross payroll for sick days and maternity leaves, 8.2% for health insurance, 3.6% for the retirement fund, and $28.75 per employee for a stock purchase plan. a.What is the company's weekly cost of fringe benefits?b.What percentage of the payroll does this represent? (Round to the nearest hundredth of a percent)
What will be an ideal response?
From the below table, it is apparent thatBond Energy (kcal/mol)C-C 83C=C 146C-O 84C=O 170
A. carbon bonds are the strongest bonds. B. carbon forms only single bonds. C. double bonds are stronger than single bonds. D. double bonds are weaker than single bonds.
Which sentence is expressed correctly?
A) Thirty-eight of our employees were semiretired. B) Thirty eight of our employees were semi-retired. C) Thirty eight of our employees were semiretired.
Switching costs refers to costs that a customer faces when buying a product that is different from what has been purchased or used in the past.
Answer the following statement true (T) or false (F)