Question

Trans Union Corporation issued 5,000 shares for $ 50 per share in the current year, and it issued 10,000 shares for $ 37 per share in the following year. The year after that, the company reacquired 20,000 shares of its own stock for $ 45 per share. Determine the impact (increase, decrease, or no change) of each of these transactions on the following classifications:
1. Total assets.
2. Total liabilities.
3. Total stockholders’ equity.
4. Net income.


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  • CreatedNovember 02, 2015
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