Long-term investors can defer capital gains tax until they sell, and therefore, there is a tax advantage for share repurchases over dividends
Indicate whether this statement is true or false.
Answer: TRUE
Business
You might also like to view...
The balance sheet of Werther Company showed the following data about its common stock, par $1: authorized shares, 10,000,000; outstanding shares, 4,300,000; and issued shares 4,700,000. Therefore, the number of treasury stock shares was
A. 0. B. 4,700,000. C. 4,300,000. D. 400,000.
Business
What can a manager do to avoid the pitfalls associated with the disciplinary process?
What will be an ideal response?
Business