Treasury stock is a contra stockholders' equity account.

a. true
b. false

Ans: a. true

Business

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A) algebraic representation of alternatives and states of nature. B) behavioral representation of alternatives and states of nature. C) matrix representation of alternatives and states of nature. D) graphical representation of alternatives and states of nature. E) tabular representation of alternatives and states of nature.

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Repatriation laws affect MNEs that earn profits in foreign countries by ________

A) enforcing strict stipulations on cross-border transactions and joint ventures B) limiting the amount of net income and dividends that can be transferred to the home-country headquarters C) restricting the amount of money that can be re-invested into the foreign facility D) imposing restrictions on the distribution of products from the foreign facility

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