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Which ordinary shareholders usually have all of rights

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Reference no: EM132804062

Problem 1: A corporation might repurchase its own stock for all of the following reasons except to

a. improve financial ratios.

b. use for employee compensation.

c. use for the board of directors.

d. deter a takeover attempt.

Problem 2: Ordinary shareholders usually have all of the following rights EXCEPT to

a. participate in day-to-day operations of the entity.

b. vote to elect the board of directors.

c. share in the assets in a profitable liquidation.

d. receive their proportional share of dividends, if dividends are declared.

Problem 3: A share split by a corporation affects which account on the statement of financial position?

a. Shareholders' equity

b. Par value

c. Retained earnings

d. Share premium

Reference no: EM132804062

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