Whencommonstockisrepurchasedandretired,theunderlyingmotiveisto
A. delaytaxes.
B. boostthestocksdividends.
C. distributetheexcesscashtotheowners.
D. reducetheretainedearningsbalance.
Answer:C
Whencommonstockisrepurchasedandretired,theunderlyingmotiveisto
A. delaytaxes. B. boostthestocksdividends. C. distributetheexcesscashtotheowners. D. reducetheretainedearningsbalance.