A Company May Reacquire Its Own Shares for All of the Following

question 77

Multiple Choice

A company may reacquire its own shares for all of the following reasons except to

• A) enhance market value.
• B) reduce market value.
• C) increase basic earnings per share.
• D) have additional shares available for use.

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Definitions:

Biological Siblings

Siblings who share both biological parents and have a genetic connection, as opposed to siblings connected by adoption or step-relations.

Adoptive Parents

Individuals or couples who legally take on the parental responsibilities for a child not biologically their own.

Genetic Switch

A molecular mechanism that can turn on or off the expression of specific genes in an organism.

Self-Regulating

The ability of an individual to manage and adjust their behavior, emotions, or thoughts towards achieving personal goals.