Question

on february 15, 2022, wild bill corporation repurchases and cancels 760 of its outstanding common shares for $9 per share. these shares were originally issued for

Answer 1

Wild Bill Corporation repurchased and canceled its outstanding common shares. These shares were originally issued for a specific purpose, such as raising capital.

Step-by-step explanation:

On February 15, 2022, Wild Bill Corporation repurchased and canceled 760 of its outstanding common shares for $9 per share.

These shares were originally issued for a specific purpose or reason, such as raising capital for the company.