Treasury Stock Video Lessons

Video Thumbnail

Concept

Problem: If 1,000 shares of $5 par common stock are reacquired by a corporation for $12 a share, total stockholders’ equity will be reduced by a) $5,000 b) $12,000 c) $0 d) $7,000

FREE Expert Solution
Problem Details

If 1,000 shares of $5 par common stock are reacquired by a corporation for $12 a share, total stockholders’ equity will be reduced by

a) $5,000

b) $12,000

c) $0

d) $7,000

Frequently Asked Questions

What scientific concept do you need to know in order to solve this problem?

Our tutors have indicated that to solve this problem you will need to apply the Treasury Stock concept. You can view video lessons to learn Treasury Stock. Or if you need more Treasury Stock practice, you can also practice Treasury Stock practice problems.

What is the difficulty of this problem?

Our tutors rated the difficulty ofIf 1,000 shares of $5 par common stock are reacquired by a c...as medium difficulty.

What professor is this problem relevant for?

Based on our data, we think this problem is relevant for Professor Paterson's class at FSU.