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Which of the Following Statements Is Correct

Question 89

Multiple Choice

Which of the following statements is correct?


A) A treasury stock purchase for less than its original issue cost results in a decrease in total stockholders' equity.
B) A treasury stock purchase for less than its original issue cost results in an increase in total stockholders' equity.
C) A treasury stock purchase for an amount equal to its original issue cost results in no change to total stockholders' equity.
D) A treasury stock purchase for more than its original issue cost results in an increase in total stockholders' equity.

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