Indicate whether each of the following statements about treasury stock is true or false._____ a) One reason for a corporation to buy its own stock is to boost its net income when treasury stock is reissued for a higher price._____ b) Corporations may buy back their own stock (treasury stock) to avoid hostile takeovers._____ c) Purchasing treasury stock reduces the number of issued shares._____ d) The treasury stock account is classified as a negative equity account.
What will be an ideal response?
a) This is false. Reissuing treasury stock does not impact net income.
b) This is true. Purchasing treasury stock keeps those shares away from the company attempting the takeover.
c) This is false. Purchasing treasury stock reduces the number of outstanding shares, but does not affect the number of issued shares.
d) This is true. Treasury stock is a contra, or negative, equity account.
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Many of the fast food operations are entering markets in Middle Eastern countries. In the United States, breakfast items are very popular and are responsible for a majority of the profit from sales, primarily from drive-in customers
However, to their dismay, managers found that there was practically no demand for breakfast items. Firstly, due to hot weather conditions, people sleep late and wake up late. Secondly, they do not eat burgers, and sausage or bacon is prohibited. Also, drive-in business is not popular since people go to work at different periods of time. Explain the reasons why these facts were not discovered by marketing research.
The purpose of brand mantras is to ensure that employees and external marketing partners understand what the brand is in order to represent it to the customers
Indicate whether the statement is true or false
A subculture is a homogeneous group of people who renounce the values of an overall culture
Indicate whether the statement is true or false a. True b. False
Which project do you recommend? (See Table 11.9)
What will be an ideal response?