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How is treasury stock shown on the balance sheet?()

A.as an asset

B.as a decrease in stockholders equity

C.as an increase in stockholders equity

D.treasury stock is not shown on the balance sheet

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更多“How is treasury stock shown on…”相关的问题
第1题
You have been appointed as deputy Chief Financial Officer to a large multinational pharmac
eutical company with trading interests in 24 countries in sub-Saharan Africa, South America and the Indian sub-continent. Your company also has important trading links with the United States, Malaysia and Singapore. There have been a number of issues arising in the previous six months which have impacted upon the company’s business interests.

(i) Following an investigation you discover that commissions were paid to a senior official in one country to ensure that the local drug licensing agency concerned facilitated the acceptance of one of your principal revenue earning drugs for use within its national health service.

(ii) You have discovered that an agent of your firm, aware that the licensing agreement might be forthcoming,

purchased several call option contracts on your company’s equity.

(iii) A senior member of the firm’s treasury team has been taking substantial positions in currency futures in order to protect the risk of loss on the translation of dollar assets into the domestic currency. Over the last 12 months significant profits have been made but the trades do not appear to have been properly authorised. You discover that a long position in 50, $250,000 contracts is currently held but over the last four weeks the dollar has depreciated by 10% and all the signs are that it will depreciate considerably more over the next two months.

(iv) One drug company has managed to copy a novel drug that you have just released for the treatment of various forms of skin cancer. You have patent protection in the country concerned but your company has not been able to initiate proceedings through the local courts. Contacts with the trade officials at your embassy in the country concerned suggest that the government has made sure that the proceedings have not been allowed to proceed.

The company’s chief financial officer has asked you to look into these issues and, with respect to (iv), any World Trade

Organisation (WTO) agreements that might be relevant, and to advise her on how the company should proceed in each case.

Required:

Prepare a memorandum advising the Chief Financial Officer on the issues involved and recommending how she should, in each case and in the circumstances, proceed.

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第2题
Treasury stock transactions never increase retained earnings or net income.()
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第3题
Treasury bills are short-term and virtually free of default risk.A.RightB.WrongC.Doesn't s

Treasury bills are short-term and virtually free of default risk.

A.Right

B.Wrong

C.Doesn't say

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第4题
(ii) the strategy of the business regarding its treasury policies. (3 marks)(Marks will be

(ii) the strategy of the business regarding its treasury policies. (3 marks)

(Marks will be awarded in part (b) for the identification and discussion of relevant points and for the style. of the

report.)

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第5题
The reasons for the popularity of Treasury bills are the following except that ______.A.th

The reasons for the popularity of Treasury bills are the following except that ______.

A.they are the only money market instruments affordable to individual investors

B.they are highly liquid

C.they are risk-free

D.they give higher return than other money market instruments

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第6题
As some treasury bills do not actually pay interest, they are not attractive to investors.

A.Right

B.Wrong

C.Doesn't say

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第7题
The markets for treasury bills in most developed countries have many different buyers and
sellers.

A.Right

B.Wrong

C.Doesn't say

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第8题
Which of the following is not involved in making the British foreign policy?

A.The Queen of Britain

B.The Foreign and Commonwealth Office

C.The Prime Minister and Cabinet

D.The Ministry of Defence and the Treasury

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第9题
Which of the following are interest-earning securities?A.Bank deposit certificates in Euro

Which of the following are interest-earning securities?

A.Bank deposit certificates in Eurodollars.

B.Gilt-edged stocks.

C.United States Treasury Bonds.

D.All of the above.

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第10题
Coy, Inc., initially issued 200,000 shares of $1 par value stock for $1,000,000 in 201
1. In 2012, the company repurchased 20,000 shares for $200,000. In 2013, 10,000 of the repurchased shares were resold for $160,000. In its balance sheet dated December 31, 2013, Coy, Inc.'s treasury stock account shows a balance of: ().

A、$0.

B、$40,000.

C、$100,000.

D、$200,000.

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