Which of the following statements about treasury stocks are correct? I. Treasury stocks does not receive dividends II. Treasury stocks is not included in the eamings per share calculation III. Treasury stock is the same as unauthorized stock IV. Treasury stock does not have voting rights.

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 39MCQ: Which of the following are not part of common equity? a. preferred stock c. retained earnings b....
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Which of the following statements about treasury stocks are correct?
I. Treasury stocks does not receive dividends
II. Treasury stocks is not included in the eamings per share calculation
III. Treasury stock is the same as unauthorized stock
IV. Treasury stock does not have voting rights.
Transcribed Image Text:Which of the following statements about treasury stocks are correct? I. Treasury stocks does not receive dividends II. Treasury stocks is not included in the eamings per share calculation III. Treasury stock is the same as unauthorized stock IV. Treasury stock does not have voting rights.
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