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    Financial Accounting Study Set 7
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    Exam 1: The Financial Statements
  5. Question
    When a Repurchase of Shares Is Done by a Company
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When a Repurchase of Shares Is Done by a Company

Question 62

Question 62

Multiple Choice

When a repurchase of shares is done by a company it:


A) increases the amount of owners' equity
B) decreases the amount of owners' equity
C) decreases the amount of total liabilities
D) increases the amount of total liabilities

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