Phoenix Corporation purchases 1,000 shares of its own stock from Stewart, a shareholder, at a price of $50 a share. These shares will be known as:
A) treasury shares.
B) preemptive shares.
C) preferred stock.
D) no par stock.
A
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Explain how companies that market their products internationally decide what prices to charge in different countries
What will be an ideal response?
It is difficult to track costs to individual products in a continuous flow manufacturing process
Indicate whether the statement is true or false
Embezzlers frequently: I. steal liabilities. II. conceal their frauds by manipulating dividend or stock accounts
a. I only b. II only c. Neither I nor II d. Both I and II
Liquiction Pool and Patio Inc. is a company known for its quality pool installations, excellent customer service, and reasonable prices
Given the demand, Liquiction could price its products higher, but it prefers to price its products such that it will earn a reasonable level of profits. Liquiction seems to base its pricing policy on: a. profit maximization. b. earning satisfactory profits. c. creating retained earnings. d. maintaining a status quo pricing.