The company wishes to receive more of its own


For what reasons might a company have purchased the treasury stock? Check all that apply.

For reissuance to employees as a bonus according to stock purchase agreements.

To provide shares for resale to employees.

The company wishes to receive more of its own dividends.

To support the market price of the stock.

The company wishes to increase the par value of its stock.

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Accounting Basics: The company wishes to receive more of its own
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