All of the Following Are Reasons That a Corporation May

question 91

Multiple Choice

All of the following are reasons that a corporation may purchase treasury stock except

• A)it needs the stock for its employee stock bonus program.
• B)it desires to make an investment in its own stock.
• C)to buy out the ownership of stockholders.
• D)to increase the reported amount of earnings per share.

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Definitions:

Hereditary Trait

A feature or characteristic passed from one generation to another through genes.

Reaction Range

Potential variability, depending on environmental conditions, in the expression of a hereditary trait.

Environmental Factors

External elements, including social, cultural, and physical conditions, that affect individuals' development and behavior.

Canalized Trait

A genetic term for a trait that is buffered against environmental variation and thus exhibits limited phenotypic variation across different environments.