Which statement about a "treasury shares" is correct? Question 10 options: These shares continue to have voting rights. These shares must be cancelled upon re-purchase. The company does not pay dividends on these shares. These shares are disclosed as issued and outstanding.

Which statement about a "treasury shares" is correct? Question 10 options: These shares continue to have voting rights. These shares must be cancelled upon re-purchase. The company does not pay dividends on these shares. These shares are disclosed as issued and outstanding.

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter15: Contributed Capital

Section: Chapter Questions

Problem 10C: Treasury Stock For numerous reasons, a corporation may reacquire shares of its own capital stock....

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Question

Which statement about a "treasury shares" is correct?

Question 10 options:

	These shares continue to have voting rights.
	These shares must be cancelled upon re-purchase.
	The company does not pay dividends on these shares.
	These shares are disclosed as issued and outstanding.

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