Why Shares repurchased and not retired are referred to as treasury stock?

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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Why Shares repurchased and not retired are referred to as treasury stock?

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